REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,632 (target)

606 20th St SW, Lanett, AL 36863

3 beds • 2 baths • 1704 sqft

Email

This property could be a profitable Long-Term investment with a projected 53.38% first-year return on $16,590 initial cash invested.

53.38%

Cash On Cash

18.77%

Cap Rate

2.97

DSCR

$1,632

Rent

$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $894 expenses = $738 cash flow

Income$1,632Mortgage P&I$41625%Property Taxes$252%Insurance$282%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$738

Investment Breakdown

|

Purchase Price

$79,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$16,590

Downpayment

20%

$15,800

Closing costs

1%

$790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,632

Total Expenses

$894

Mortgage P&I

25%

$416

Property Taxes

2%

$25

Home Insurance

2%

$28

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis