REI Lense

REI Lense

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$1,562 (target)

380 Honeysuckle Dr, Millbrook, AL 36054

3 beds • 2 baths • 1178 sqft

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This property might be a fair Long-Term investment with a projected 0.54% first-year return on $39,900 initial cash invested.

0.54%

Cash On Cash

7.1%

Cap Rate

1.09

DSCR

$1,562

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,562 income − $1,544 expenses = $18 cash flow

Income$1,562Mortgage P&I$1,02866%Property Taxes$423%Insurance$684%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$18

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,562

Total Expenses

$1,544

Mortgage P&I

66%

$1,028

Property Taxes

3%

$42

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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