REI Lense

REI Lense

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$1,452 (target)

6276 Nature Dr, Montgomery, AL 36117

3 beds • 2 baths • 1336 sqft

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This property might be a fair Long-Term investment with a projected 3.18% first-year return on $34,734 initial cash invested.

3.18%

Cash On Cash

7.71%

Cap Rate

1.18

DSCR

$1,452

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,452 income − $1,360 expenses = $92 cash flow

Income$1,452Mortgage P&I$89862%Property Taxes$242%Insurance$604%Management$14510%CapEx$735%Vacancy$876%Maintenance$735%Cash Flow$92

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,734

Downpayment

20%

$33,080

Closing costs

1%

$1,654

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,452

Total Expenses

$1,360

Mortgage P&I

62%

$898

Property Taxes

2%

$24

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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