REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,576 (target)

3911 3rd Ave S, Birmingham, AL 35222

3 beds • 3 baths • 1507 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.3% first-year return on $115k initial cash invested.

-7.3%

Cash On Cash

4.81%

Cap Rate

0.77

DSCR

$3,576

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,576 income − $4,274 expenses = $698 out of pocket

Income$3,576Out of Pocket$698Mortgage P&I$2,40167%Property Taxes$49014%Insurance$1685%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%

Investment Breakdown

|

Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,200

Closing costs

1%

$4,610

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$4,274

Mortgage P&I

67%

$2,401

Property Taxes

14%

$490

Home Insurance

5%

$168

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis