REI Lense

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$3,044 (target)

360 Kingston Cir, Birmingham, AL 35211

3 beds • 2 baths • 1378 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $82,407 initial cash invested.

1.47%

Cash On Cash

7.09%

Cap Rate

1.14

DSCR

$3,044

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,044 income − $2,943 expenses = $101 cash flow

Income$3,044Mortgage P&I$1,58852%Property Taxes$1746%Insurance$1174%HOA$291%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$101

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,407

Downpayment

20%

$61,340

Closing costs

1%

$3,067

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,044

Total Expenses

$2,943

Mortgage P&I

52%

$1,588

Property Taxes

6%

$174

Home Insurance

4%

$117

HOA

1%

$29

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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