REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,662 (target)

3683 Lake Oak Ridge Dr, Enterprise, AL 36330

3 beds • 3 baths • 2735 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $102k initial cash invested.

0.25%

Cash On Cash

6.72%

Cap Rate

1.08

DSCR

$3,662

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,662 income − $3,641 expenses = $21 cash flow

Income$3,662Mortgage P&I$2,06856%Property Taxes$1584%Insurance$1444%HOA$271%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40311%Cash Flow$21

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,860

Closing costs

1%

$3,993

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,662

Total Expenses

$3,641

Mortgage P&I

56%

$2,068

Property Taxes

4%

$158

Home Insurance

4%

$144

HOA

1%

$27

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$403

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis