REI Lense

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$1,907 (target)

461 N Park Ave, Dothan, AL 36303

3 beds • 2 baths • 2379 sqft

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This property could be a profitable Long-Term investment with a projected 56.57% first-year return on $18,900 initial cash invested.

56.57%

Cash On Cash

19.31%

Cap Rate

3.13

DSCR

$1,907

Rent

$891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,907 income − $1,016 expenses = $891 cash flow

Income$1,907Mortgage P&I$46224%Property Taxes$271%Insurance$322%Management$19110%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$891

Investment Breakdown

|

Purchase Price

$90,000

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,900

Downpayment

20%

$18,000

Closing costs

1%

$900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,907

Total Expenses

$1,016

Mortgage P&I

24%

$462

Property Taxes

1%

$27

Home Insurance

2%

$32

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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