REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,890 (target)

616 Cleveland St, Headland, AL 36345

3 beds • 2 baths • 1582 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $61,113 initial cash invested.

0.39%

Cash On Cash

6.87%

Cap Rate

1.09

DSCR

$1,890

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $1,870 expenses = $20 cash flow

Income$1,890Mortgage P&I$1,07957%Property Taxes$653%Insurance$824%Management$22712%CapEx$764%Vacancy$573%Maintenance$764%Other$20811%Cash Flow$20

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,113

Downpayment

20%

$41,060

Closing costs

1%

$2,053

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,890

Total Expenses

$1,870

Mortgage P&I

57%

$1,079

Property Taxes

3%

$65

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis