REI Lense

REI Lense

$3,526 (target)

2217 Webbed Way, Opelika, AL 36804

3 beds • 2 baths • 1713 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $92,130 initial cash invested.

1.69%

Cash On Cash

7.37%

Cap Rate

1.14

DSCR

$3,526

Rent

$130

Cashflow

Cash Flow

$3,526 income − $3,396 expenses = $130 cash flow

Income$3,526P&I$1,89654%Taxes$1354%Insurance$1244%HOA$421%Mgmt$42312%CapEx$1414%Vacancy$1063%Maint.$1414%Other$38811%Cash Flow$130

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,130

Downpayment

20%

$70,600

Closing costs

1%

$3,530

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,526

Total Expenses

$3,396

Mortgage P&I

54%

$1,896

Property Taxes

4%

$135

Home Insurance

4%

$124

HOA

1%

$42

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

See Opelika, AL mid-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis