REI Lense

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$3,860 (target)

2440 Robertson St E, Southside, AL 35907

3 beds • 3 baths • 2936 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $97,611 initial cash invested.

4.57%

Cash On Cash

7.82%

Cap Rate

1.27

DSCR

$3,860

Rent

$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,860 income − $3,488 expenses = $372 cash flow

Income$3,860Mortgage P&I$1,94550%Property Taxes$912%Insurance$1404%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$372

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,611

Downpayment

20%

$75,820

Closing costs

1%

$3,791

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,860

Total Expenses

$3,488

Mortgage P&I

50%

$1,945

Property Taxes

2%

$91

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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