REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,422 (target)

2177 Scott Rd, Alexander City, AL 35010

3 beds • 2 baths • 1417 sqft

Email

This property might be a fair Long-Term investment with a projected 4.02% first-year return on $32,550 initial cash invested.

4.02%

Cash On Cash

7.94%

Cap Rate

1.21

DSCR

$1,422

Rent

$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,422 income − $1,313 expenses = $109 cash flow

Income$1,422Mortgage P&I$84659%Property Taxes$443%Insurance$544%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$109

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,422

Total Expenses

$1,313

Mortgage P&I

59%

$846

Property Taxes

3%

$44

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis