REI Lense

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$2,205 (target)

528 Strongbow Dr, Birmingham, AL 35214

3 beds • 3 baths • 2252 sqft

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This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $65,460 initial cash invested.

0.48%

Cash On Cash

7.07%

Cap Rate

1.09

DSCR

$2,205

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,205 income − $2,179 expenses = $26 cash flow

Income$2,205Mortgage P&I$1,21855%Property Taxes$1256%Insurance$864%Management$26512%CapEx$884%Vacancy$663%Maintenance$884%Other$24311%Cash Flow$26

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,460

Downpayment

20%

$45,200

Closing costs

1%

$2,260

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,205

Total Expenses

$2,179

Mortgage P&I

55%

$1,218

Property Taxes

6%

$125

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

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