REI Lense

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$2,228 (target)

309 Arrowhead Dr, Troy, AL 36081

3 beds • 2 baths • 2599 sqft

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This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $65,229 initial cash invested.

2.47%

Cash On Cash

7.66%

Cap Rate

1.18

DSCR

$2,228

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,094 expenses = $134 cash flow

Income$2,228Mortgage P&I$1,21254%Property Taxes$462%Insurance$794%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$134

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,228

Total Expenses

$2,094

Mortgage P&I

54%

$1,212

Property Taxes

2%

$46

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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