REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,304 (target)

624 Trade St, Florence, AL 35630

3 beds • 2 baths • 1325 sqft

Email

This property could be a profitable Mid-Term investment with a projected 14.41% first-year return on $68,379 initial cash invested.

14.41%

Cash On Cash

11.11%

Cap Rate

1.75

DSCR

$3,304

Rent

$821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,304 income − $2,483 expenses = $821 cash flow

Income$3,304Mortgage P&I$1,26938%Property Taxes$8Insurance$843%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%Cash Flow$821

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,304

Total Expenses

$2,483

Mortgage P&I

38%

$1,269

Property Taxes

0%

$8

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis