REI Lense

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$2,355 (target)

3160 Huckaby Bridge Rd SW, Hartselle, AL 35640

3 beds • 2 baths • 1461 sqft

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This property might be a fair Mid-Term investment with a projected 1.18% first-year return on $69,366 initial cash invested.

1.18%

Cash On Cash

7.3%

Cap Rate

1.12

DSCR

$2,355

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $2,287 expenses = $68 cash flow

Income$2,355Mortgage P&I$1,32756%Property Taxes$713%Insurance$884%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$68

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,366

Downpayment

20%

$48,920

Closing costs

1%

$2,446

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,355

Total Expenses

$2,287

Mortgage P&I

56%

$1,327

Property Taxes

3%

$71

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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