REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,268 (target)

2283 Cedar Point Rd, Mobile, AL 36605

3 beds • 2 baths • 1344 sqft

Email

This property could be a profitable Long-Term investment with a projected 16.71% first-year return on $22,050 initial cash invested.

16.71%

Cash On Cash

10.5%

Cap Rate

1.67

DSCR

$1,268

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,268 income − $961 expenses = $307 cash flow

Income$1,268Mortgage P&I$54943%Property Taxes$464%Insurance$373%Management$12710%CapEx$635%Vacancy$766%Maintenance$635%Cash Flow$307

Investment Breakdown

|

Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,050

Downpayment

20%

$21,000

Closing costs

1%

$1,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,268

Total Expenses

$961

Mortgage P&I

43%

$549

Property Taxes

4%

$46

Home Insurance

3%

$37

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis