REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,385 (target)

3858 Hillcrest Ln, Mobile, AL 36693

3 beds • 2 baths • 1486 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.07% first-year return on $69,387 initial cash invested.

1.07%

Cash On Cash

7.28%

Cap Rate

1.12

DSCR

$2,385

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,385 income − $2,323 expenses = $62 cash flow

Income$2,385Mortgage P&I$1,32756%Property Taxes$994%Insurance$874%Management$28612%CapEx$954%Vacancy$723%Maintenance$954%Other$26211%Cash Flow$62

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,387

Downpayment

20%

$48,940

Closing costs

1%

$2,447

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,385

Total Expenses

$2,323

Mortgage P&I

56%

$1,327

Property Taxes

4%

$99

Home Insurance

4%

$87

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$72

Maintenance

4%

$95

Other

11%

$262

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis