REI Lense

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$2,976 (target)

263 Oak St, Auburn, AL 36830

3 beds • 2 baths • 1697 sqft

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This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $87,216 initial cash invested.

1.36%

Cash On Cash

6.9%

Cap Rate

1.13

DSCR

$2,976

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $2,877 expenses = $99 cash flow

Income$2,976Mortgage P&I$1,67856%Property Taxes$923%Insurance$963%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$99

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$2,877

Mortgage P&I

56%

$1,678

Property Taxes

3%

$92

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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