REI Lense

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$2,694 (target)

64 Central Henderson Rd, Boaz, AL 35957

3 beds • 2 baths • 1548 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $69,786 initial cash invested.

5.06%

Cash On Cash

8.39%

Cap Rate

1.3

DSCR

$2,694

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $2,400 expenses = $294 cash flow

Income$2,694Mortgage P&I$1,32349%Property Taxes$733%Insurance$883%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$294

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,786

Downpayment

20%

$49,320

Closing costs

1%

$2,466

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$2,400

Mortgage P&I

49%

$1,323

Property Taxes

3%

$73

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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