REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,178 (target)

604 Cherokee Ln NW, Hartselle, AL 35640

3 beds • 2 baths • 1605 sqft

Email

This property could be a profitable Mid-Term investment with a projected 13.49% first-year return on $65,460 initial cash invested.

13.49%

Cash On Cash

11.07%

Cap Rate

1.71

DSCR

$3,178

Rent

$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,178 income − $2,442 expenses = $736 cash flow

Income$3,178Mortgage P&I$1,22138%Property Taxes$612%Insurance$803%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$736

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,460

Downpayment

20%

$45,200

Closing costs

1%

$2,260

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,178

Total Expenses

$2,442

Mortgage P&I

38%

$1,221

Property Taxes

2%

$61

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis