REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,406 (target)

5039 Meadow Gay Dr, Mobile, AL 36619

3 beds • 2 baths • 1488 sqft

Email

This property might be a fair Long-Term investment with a projected 1.84% first-year return on $34,482 initial cash invested.

1.84%

Cash On Cash

7.38%

Cap Rate

1.14

DSCR

$1,406

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,406 income − $1,353 expenses = $53 cash flow

Income$1,406Mortgage P&I$88763%Property Taxes$504%Insurance$514%Management$14110%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$53

Investment Breakdown

|

Purchase Price

$164k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,482

Downpayment

20%

$32,840

Closing costs

1%

$1,642

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,406

Total Expenses

$1,353

Mortgage P&I

63%

$887

Property Taxes

4%

$50

Home Insurance

4%

$51

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis