REI Lense

REI Lense

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$1,924 (target)

200 Olive Springs Dr, Enterprise, AL 36330

3 beds • 2 baths • 1535 sqft

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This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $61,386 initial cash invested.

0.33%

Cash On Cash

7.05%

Cap Rate

1.08

DSCR

$1,924

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,386

Downpayment

20%

$41,320

Closing costs

1%

$2,066

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,924

Total Expenses

$1,907

Mortgage P&I

58%

$1,119

Property Taxes

3%

$59

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$231

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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