REI Lense

REI Lense

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$2,608 (target)

5936 Lundy Rd, Theodore, AL 36582

3 beds • 2 baths • 1695 sqft

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This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $73,566 initial cash invested.

3.69%

Cash On Cash

7.48%

Cap Rate

1.25

DSCR

$2,608

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,382

Mortgage P&I

51%

$1,319

Property Taxes

3%

$84

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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