REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,814 (target)

3653 Surrey Ct, Mobile, AL 36693

3 beds • 2 baths • 2052 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $74,595 initial cash invested.

4.2%

Cash On Cash

7.97%

Cap Rate

1.26

DSCR

$2,814

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,814 income − $2,553 expenses = $261 cash flow

Income$2,814Mortgage P&I$1,41650%Property Taxes$853%Insurance$943%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%Cash Flow$261

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,814

Total Expenses

$2,553

Mortgage P&I

50%

$1,416

Property Taxes

3%

$85

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis