REI Lense- Airbnb
- Long-Term
- Mid-Term
Long-Term Rental Analysis
2114 Norris Rd NW, Huntsville, AL 35810
$140,000 • 3 beds • 2 baths • 1553 sqft
This property might be a fair Long-Term investment with a projected 4.45% first-year return on $29,400 initial cash invested.
Cash On Cash
4.45%
Cap Rate
7.92%
Rent
$1,395
Signal: Med.
Cashflow
$109
Financing
Purchase Price $140k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $29,400
Downpayment $28,000
Closing costs $1,400
Rehab $0
Furnishing $0
Cashflow
Total Income $1,395
Total Expenses $1,286
Mortgage P&I $745
Property Taxes $128
Home Insurance $49
PManagement $140
CapEx $70
Vacancy $84
Maintenance $70
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2303 Lynn Rd NW | $1395 | 3 | 2 | 1500 | 0.7 mi |
| 2 | 6002 Trent Dr NW | $1475 | 3 | 2 | 1533 | 1.3 mi |
| 3 | 2108 Barrywood Rd NW | $1650 | 3 | 1.5 | 1553 | 0.4 mi |
| 4 | 4410 Lakeview Dr NW | $1285 | 3 | 1.5 | 1550 | 0.3 mi |
| 5 | 418 N Edgemont Cir NW | $1300 | 3 | 2 | 1512 | 1.6 mi |
| 6 | 4408 Kenwood Dr NW | $1195 | 3 | 1.5 | 1520 | 0.2 mi |
| 7 | 3810 Timbercrest Dr NW | $1395 | 3 | 2 | 1440 | 1 mi |
| 8 | 3011 Deerfield Rd NW | $1650 | 3 | 2 | 1580 | 2 mi |
| 9 | 2114 Lynn Rd NW | $1600 | 3 | 1.5 | 1500 | 0.1 mi |
| 10 | 3602 Lakewood Dr NW | $1395 | 3 | 2 | 1650 | 1.3 mi |
| 11 | 2501 Gibson St NW | $1250 | 3 | 2 | 1400 | 1.1 mi |
| 12 | 2105 Medaris Rd NW | $1240 | 3 | 2 | 1317 | 0.4 mi |
| 13 | 2527 Birchfield Dr NE | $1600 | 3 | 2 | 1700 | 1.5 mi |
| 14 | 148 Whitestone Dr NE | $1375 | 3 | 2 | 1594 | 2.4 mi |
| 15 | 139 Whitestone Dr NE | $1495 | 3 | 2 | 1594 | 2.4 mi |
| 16 | 152 Whitestone Dr NE | $1595 | 3 | 2 | 1600 | 2.4 mi |
| 17 | 609 Murray Rd NW | $1250 | 3 | 2 | 1477 | 2.3 mi |
| 18 | 4735 Cutler Dr NW | $1400 | 3 | 2 | 1458 | 2.1 mi |
| 19 | 2605 Gibson St NW | $1365 | 3 | 2 | 1359 | 1.3 mi |
| 20 | 229 Whitestone Dr NE | $1425 | 3 | 2 | 1614 | 2.7 mi |
| 21 | 2228 Norris Rd NW | $1295 | 3 | 1.5 | 1422 | 0.6 mi |
| 22 | 3304 Deerfield Rd NW | $1395 | 3 | 2 | 1457 | 2.6 mi |
| 23 | 4708 Lumary Dr NW | $1425 | 3 | 2 | 1400 | 2.1 mi |
| 24 | 2816 Coosa Cir NW | $1495 | 3 | 2 | 1400 | 2.2 mi |
| 25 | 4304 Lakeview Dr NW | $1549 | 3 | 1 | 1550 | 0.5 mi |