REI Lense

REI Lense

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$1,765 (target)

225 County Road 744, Enterprise, AL 36330

3 beds • 2 baths • 1592 sqft

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This property might be a fair Long-Term investment with a projected 0.61% first-year return on $45,150 initial cash invested.

0.61%

Cash On Cash

7.09%

Cap Rate

1.1

DSCR

$1,765

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $1,742 expenses = $23 cash flow

Income$1,765Mortgage P&I$1,15966%Property Taxes$503%Insurance$754%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%Cash Flow$23

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,765

Total Expenses

$1,742

Mortgage P&I

66%

$1,159

Property Taxes

3%

$50

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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