REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,008 (target)

6014 Carmel Dr NW, Huntsville, AL 35810

3 beds • 2 baths • 1350 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.23% first-year return on $59,727 initial cash invested.

2.23%

Cash On Cash

7.7%

Cap Rate

1.18

DSCR

$2,008

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,008 income − $1,897 expenses = $111 cash flow

Income$2,008Mortgage P&I$1,08454%Property Taxes$613%Insurance$703%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$111

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,727

Downpayment

20%

$39,740

Closing costs

1%

$1,987

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,008

Total Expenses

$1,897

Mortgage P&I

54%

$1,084

Property Taxes

3%

$61

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis