REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,144 (target)

404 Springdale Dr, Enterprise, AL 36330

3 beds • 2 baths • 1271 sqft

Email

This property might be a fair Mid-Term investment with a projected 10% first-year return on $50,655 initial cash invested.

10%

Cash On Cash

10.33%

Cap Rate

1.61

DSCR

$2,144

Rent

$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,144 income − $1,722 expenses = $422 cash flow

Income$2,144Mortgage P&I$83139%Property Taxes$1065%Insurance$563%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%Cash Flow$422

Investment Breakdown

|

Purchase Price

$156k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,655

Downpayment

20%

$31,100

Closing costs

1%

$1,555

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,144

Total Expenses

$1,722

Mortgage P&I

39%

$831

Property Taxes

5%

$106

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis