REI Lense

REI Lense

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$1,230 (target)

405 W Bridge St, Wetumpka, AL 36092

3 beds • 2 baths • 1151 sqft

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This property might be a fair Long-Term investment with a projected 0.8% first-year return on $31,479 initial cash invested.

0.8%

Cash On Cash

7.14%

Cap Rate

1.1

DSCR

$1,230

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,230 income − $1,209 expenses = $21 cash flow

Income$1,230Mortgage P&I$80966%Property Taxes$272%Insurance$524%Management$12310%CapEx$625%Vacancy$746%Maintenance$625%Cash Flow$21

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,230

Total Expenses

$1,209

Mortgage P&I

66%

$809

Property Taxes

2%

$27

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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