REI Lense

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$1,391 (target)

526 Bright Dr, Blountsville, AL 35031

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Long-Term investment with a projected 12.24% first-year return on $26,565 initial cash invested.

12.24%

Cash On Cash

9.7%

Cap Rate

1.5

DSCR

$1,391

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,391 income − $1,120 expenses = $271 cash flow

Income$1,391Mortgage P&I$68249%Property Taxes$242%Insurance$524%Management$13910%CapEx$705%Vacancy$836%Maintenance$705%Cash Flow$271

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,565

Downpayment

20%

$25,300

Closing costs

1%

$1,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,391

Total Expenses

$1,120

Mortgage P&I

49%

$682

Property Taxes

2%

$24

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$83

Maintenance

5%

$70

Other

0%

$0

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