REI Lense

REI Lense

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$3,543 (target)

4604 County Road 522, Hanceville, AL 35077

3 beds • 3 baths • 2272 sqft

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This property might be a fair Long-Term investment with a projected 0.57% first-year return on $101k initial cash invested.

0.57%

Cash On Cash

6.48%

Cap Rate

1.09

DSCR

$3,543

Rent

$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$481k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,180

Closing costs

1%

$4,809

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,543

Total Expenses

$3,495

Mortgage P&I

67%

$2,371

Property Taxes

2%

$61

Home Insurance

4%

$142

HOA

0%

$0

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$213

Maintenance

5%

$177

Other

0%

$0

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