REI Lense

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$2,118 (target)

300 Warren Rd, Enterprise, AL 36330

3 beds • 3 baths • 1964 sqft

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This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $54,918 initial cash invested.

7.28%

Cash On Cash

9.33%

Cap Rate

1.44

DSCR

$2,118

Rent

$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,118 income − $1,785 expenses = $333 cash flow

Income$2,118Mortgage P&I$94945%Property Taxes$512%Insurance$643%Management$25412%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$333

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,918

Downpayment

20%

$35,160

Closing costs

1%

$1,758

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,118

Total Expenses

$1,785

Mortgage P&I

45%

$949

Property Taxes

2%

$51

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

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