REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,380 (target)

208 Bermuda Lakes Dr, Meridianville, AL 35759

3 beds • 2 baths • 1503 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $64,557 initial cash invested.

4.46%

Cash On Cash

8.25%

Cap Rate

1.28

DSCR

$2,380

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $2,140 expenses = $240 cash flow

Income$2,380Mortgage P&I$1,18950%Property Taxes$502%Insurance$793%HOA$131%Management$28612%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$240

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,557

Downpayment

20%

$44,340

Closing costs

1%

$2,217

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,380

Total Expenses

$2,140

Mortgage P&I

50%

$1,189

Property Taxes

2%

$50

Home Insurance

3%

$79

HOA

1%

$13

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis