REI Lense

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$2,106 (target)

408 Golden Dr, Tallassee, AL 36078

3 beds • 3 baths • 2508 sqft

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This property might be a fair Long-Term investment with a projected 0.56% first-year return on $58,023 initial cash invested.

0.56%

Cash On Cash

6.55%

Cap Rate

1.1

DSCR

$2,106

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $2,079 expenses = $27 cash flow

Income$2,106Mortgage P&I$1,37565%Property Taxes$563%Insurance$1015%Management$21110%CapEx$1055%Vacancy$1266%Maintenance$1055%Cash Flow$27

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,023

Downpayment

20%

$55,260

Closing costs

1%

$2,763

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,106

Total Expenses

$2,079

Mortgage P&I

65%

$1,375

Property Taxes

3%

$56

Home Insurance

5%

$101

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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