REI Lense

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$1,264 (target)

2302 Level Ct, Phenix City, AL 36869

3 beds • 2 baths • 1316 sqft

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This property could be a profitable Long-Term investment with a projected 16.36% first-year return on $20,979 initial cash invested.

16.36%

Cash On Cash

10.14%

Cap Rate

1.71

DSCR

$1,264

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,264 income − $978 expenses = $286 cash flow

Income$1,264Mortgage P&I$49539%Property Taxes$1209%Insurance$353%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%Cash Flow$286

Investment Breakdown

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Purchase Price

$99,900

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,979

Downpayment

20%

$19,980

Closing costs

1%

$999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,264

Total Expenses

$978

Mortgage P&I

39%

$495

Property Taxes

9%

$120

Home Insurance

3%

$35

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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