REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,984 (target)

404 Walker Way, Pelham, AL 35124

3 beds • 2 baths • 1556 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.23% first-year return on $74,175 initial cash invested.

6.23%

Cash On Cash

8.42%

Cap Rate

1.37

DSCR

$2,984

Rent

$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $2,599 expenses = $385 cash flow

Income$2,984Mortgage P&I$1,37346%Property Taxes$1184%Insurance$943%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$385

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$2,599

Mortgage P&I

46%

$1,373

Property Taxes

4%

$118

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis