REI Lense

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$2,721 (target)

710 County Highway 27, Winfield, AL 35594

3 beds • 2 baths • 2038 sqft

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This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $81,714 initial cash invested.

0.72%

Cash On Cash

6.72%

Cap Rate

1.1

DSCR

$2,721

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,721 income − $2,672 expenses = $49 cash flow

Income$2,721Mortgage P&I$1,54257%Property Taxes$964%Insurance$1084%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%Cash Flow$49

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,714

Downpayment

20%

$60,680

Closing costs

1%

$3,034

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$2,672

Mortgage P&I

57%

$1,542

Property Taxes

4%

$96

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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