REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,108 (target)

46 Spanish Ct, Eclectic, AL 36024

3 beds • 2 baths • 1446 sqft

Email

This property might be a fair Long-Term investment with a projected 1.89% first-year return on $52,164 initial cash invested.

1.89%

Cash On Cash

7.32%

Cap Rate

1.14

DSCR

$2,108

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,108 income − $2,026 expenses = $82 cash flow

Income$2,108Mortgage P&I$1,32863%Property Taxes$643%Insurance$874%Management$21110%CapEx$1055%Vacancy$1266%Maintenance$1055%Cash Flow$82

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,164

Downpayment

20%

$49,680

Closing costs

1%

$2,484

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,108

Total Expenses

$2,026

Mortgage P&I

63%

$1,328

Property Taxes

3%

$64

Home Insurance

4%

$87

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis