REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,203 (target)

624 Trade St, Florence, AL 35630

3 beds • 2 baths • 1325 sqft

Email

This property might be a fair Long-Term investment with a projected 6.43% first-year return on $50,379 initial cash invested.

6.43%

Cash On Cash

8.25%

Cap Rate

1.3

DSCR

$2,203

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,203 income − $1,933 expenses = $270 cash flow

Income$2,203Mortgage P&I$1,26958%Property Taxes$8Insurance$844%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$270

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,203

Total Expenses

$1,933

Mortgage P&I

58%

$1,269

Property Taxes

0%

$8

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis