REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,912 (target)

502 Hill Ave, Glencoe, AL 35905

3 beds • 2 baths • 0 sqft

Email

This property could be a profitable Mid-Term investment with a projected 15.42% first-year return on $42,570 initial cash invested.

15.42%

Cash On Cash

12.74%

Cap Rate

2.01

DSCR

$1,912

Rent

$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,912 income − $1,365 expenses = $547 cash flow

Income$1,912Mortgage P&I$61932%Property Taxes$694%Insurance$292%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%Cash Flow$547

Investment Breakdown

|

Purchase Price

$117k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,570

Downpayment

20%

$23,400

Closing costs

1%

$1,170

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,912

Total Expenses

$1,365

Mortgage P&I

32%

$619

Property Taxes

4%

$69

Home Insurance

2%

$29

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis