REI Lense

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$1,942 (target)

564 Country Breeze Cir, Wedowee, AL 36278

3 beds • 2 baths • 1150 sqft

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This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $55,275 initial cash invested.

4.84%

Cash On Cash

8.5%

Cap Rate

1.31

DSCR

$1,942

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,719 expenses = $223 cash flow

Income$1,942Mortgage P&I$95749%Property Taxes$352%Insurance$663%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$223

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,275

Downpayment

20%

$35,500

Closing costs

1%

$1,775

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,942

Total Expenses

$1,719

Mortgage P&I

49%

$957

Property Taxes

2%

$35

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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