REI Lense

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$2,250 (target)

390 Bailey Rd, Weaver, AL 36277

3 beds • 2 baths • 1480 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $64,809 initial cash invested.

2.52%

Cash On Cash

7.74%

Cap Rate

1.19

DSCR

$2,250

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,250 income − $2,114 expenses = $136 cash flow

Income$2,250Mortgage P&I$1,21254%Property Taxes$573%Insurance$794%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$136

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,809

Downpayment

20%

$44,580

Closing costs

1%

$2,229

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,250

Total Expenses

$2,114

Mortgage P&I

54%

$1,212

Property Taxes

3%

$57

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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