REI Lense

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$2,174 (target)

5490 Quail Run W, Theodore, AL 36582

3 beds • 2 baths • 1145 sqft

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This property might be a fair Mid-Term investment with a projected 7.33% first-year return on $55,317 initial cash invested.

7.33%

Cash On Cash

9.47%

Cap Rate

1.43

DSCR

$2,174

Rent

$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,174 income − $1,836 expenses = $338 cash flow

Income$2,174Mortgage P&I$97845%Property Taxes$563%Insurance$633%Management$26112%CapEx$874%Vacancy$653%Maintenance$874%Other$23911%Cash Flow$338

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,317

Downpayment

20%

$35,540

Closing costs

1%

$1,777

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,174

Total Expenses

$1,836

Mortgage P&I

45%

$978

Property Taxes

3%

$56

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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