REI Lense

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$1,228 (target)

4429 Tate Ave, Adamsville, AL 35005

3 beds • 2 baths • 1036 sqft

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This property might be a fair Long-Term investment with a projected 0.61% first-year return on $31,521 initial cash invested.

0.61%

Cash On Cash

6.91%

Cap Rate

1.1

DSCR

$1,228

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,228 income − $1,212 expenses = $16 cash flow

Income$1,228Mortgage P&I$78764%Property Taxes$575%Insurance$494%Management$12310%CapEx$615%Vacancy$746%Maintenance$615%Cash Flow$16

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,521

Downpayment

20%

$30,020

Closing costs

1%

$1,501

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,228

Total Expenses

$1,212

Mortgage P&I

64%

$787

Property Taxes

5%

$57

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$61

Vacancy

6%

$74

Maintenance

5%

$61

Other

0%

$0

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