REI Lense

REI Lense

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$1,902 (target)

6263 Parkbrook Dr, Mobile, AL 36608

3 beds • 2 baths • 1816 sqft

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This property might be a fair Long-Term investment with a projected 0.25% first-year return on $48,552 initial cash invested.

0.25%

Cash On Cash

7.01%

Cap Rate

1.08

DSCR

$1,902

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $1,892 expenses = $10 cash flow

Income$1,902Mortgage P&I$1,24666%Property Taxes$694%Insurance$834%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$10

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,552

Downpayment

20%

$46,240

Closing costs

1%

$2,312

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,902

Total Expenses

$1,892

Mortgage P&I

66%

$1,246

Property Taxes

4%

$69

Home Insurance

4%

$83

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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