REI Lense

REI Lense

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$1,486 (target)

5634 Red Barn Rd, Montgomery, AL 36116

3 beds • 2 baths • 1605 sqft

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This property might be a fair Long-Term investment with a projected 0.09% first-year return on $38,136 initial cash invested.

0.09%

Cash On Cash

7.02%

Cap Rate

1.08

DSCR

$1,486

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $1,483 expenses = $3 cash flow

Income$1,486Mortgage P&I$98566%Property Taxes$473%Insurance$654%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$3

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,136

Downpayment

20%

$36,320

Closing costs

1%

$1,816

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,486

Total Expenses

$1,483

Mortgage P&I

66%

$985

Property Taxes

3%

$47

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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