REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,992 (target)

404 Potomac Dr, Boaz, AL 35957

3 beds • 2 baths • 1050 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $56,913 initial cash invested.

5.17%

Cash On Cash

8.24%

Cap Rate

1.34

DSCR

$1,992

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,992 income − $1,747 expenses = $245 cash flow

Income$1,992Mortgage P&I$94848%Property Taxes$553%Insurance$663%Management$23912%CapEx$804%Vacancy$603%Maintenance$804%Other$21911%Cash Flow$245

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,913

Downpayment

20%

$37,060

Closing costs

1%

$1,853

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,992

Total Expenses

$1,747

Mortgage P&I

48%

$948

Property Taxes

3%

$55

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis