REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,888 (target)

6200 Hannah Dr, Mount Olive, AL 35117

3 beds • 2 baths • 1823 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $65,250 initial cash invested.

9.16%

Cash On Cash

9.74%

Cap Rate

1.51

DSCR

$2,888

Rent

$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,888 income − $2,390 expenses = $498 cash flow

Income$2,888Mortgage P&I$1,21342%Property Taxes$1144%Insurance$793%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$498

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,888

Total Expenses

$2,390

Mortgage P&I

42%

$1,213

Property Taxes

4%

$114

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis