REI Lense

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$2,606 (target)

29921 Shadow Run Dr NW, Harvest, AL 35749

3 beds • 2 baths • 1588 sqft

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This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $77,577 initial cash invested.

0.96%

Cash On Cash

6.7%

Cap Rate

1.12

DSCR

$2,606

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,606 income − $2,544 expenses = $62 cash flow

Income$2,606Mortgage P&I$1,41954%Property Taxes$1245%Insurance$1004%HOA$151%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$62

Investment Breakdown

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Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,577

Downpayment

20%

$56,740

Closing costs

1%

$2,837

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,606

Total Expenses

$2,544

Mortgage P&I

54%

$1,419

Property Taxes

5%

$124

Home Insurance

4%

$100

HOA

1%

$15

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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