REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,342 (target)

2121 43rd Ave, Northport, AL 35476

3 beds • 2 baths • 1340 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $65,691 initial cash invested.

2.54%

Cash On Cash

7.78%

Cap Rate

1.19

DSCR

$2,342

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,342 income − $2,203 expenses = $139 cash flow

Income$2,342Mortgage P&I$1,23953%Property Taxes$522%Insurance$803%HOA$351%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$139

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,691

Downpayment

20%

$45,420

Closing costs

1%

$2,271

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,342

Total Expenses

$2,203

Mortgage P&I

53%

$1,239

Property Taxes

2%

$52

Home Insurance

3%

$80

HOA

1%

$35

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis