REI Lense

REI Lense

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$1,677 (target)

6540 Oaklane Dr, Theodore, AL 36582

3 beds • 2 baths • 1404 sqft

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This property might be a fair Long-Term investment with a projected 4.14% first-year return on $37,968 initial cash invested.

4.14%

Cash On Cash

8.14%

Cap Rate

1.21

DSCR

$1,677

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,677 income − $1,546 expenses = $131 cash flow

Income$1,677Mortgage P&I$1,01260%Property Taxes$342%Insurance$634%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$131

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,968

Downpayment

20%

$36,160

Closing costs

1%

$1,808

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,677

Total Expenses

$1,546

Mortgage P&I

60%

$1,012

Property Taxes

2%

$34

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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