REI Lense

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$2,336 (target)

28037 Kawana Ct, Harvest, AL 35749

3 beds • 2 baths • 1274 sqft

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This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $63,759 initial cash invested.

4.39%

Cash On Cash

8.28%

Cap Rate

1.28

DSCR

$2,336

Rent

$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,103 expenses = $233 cash flow

Income$2,336Mortgage P&I$1,17750%Property Taxes$442%Insurance$773%HOA$121%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$233

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,759

Downpayment

20%

$43,580

Closing costs

1%

$2,179

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,103

Mortgage P&I

50%

$1,177

Property Taxes

2%

$44

Home Insurance

3%

$77

HOA

1%

$12

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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