REI Lense

REI Lense

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$1,125 (target)

710 Loop Rd, Tuscumbia, AL 35674

3 beds • 2 baths • 1600 sqft

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This property might be a fair Long-Term investment with a projected 2.72% first-year return on $24,696 initial cash invested.

2.72%

Cash On Cash

7.35%

Cap Rate

1.18

DSCR

$1,125

Rent

$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,125 income − $1,069 expenses = $56 cash flow

Income$1,125Mortgage P&I$60854%Property Taxes$615%Insurance$10810%Management$11210%CapEx$565%Vacancy$686%Maintenance$565%Cash Flow$56

Investment Breakdown

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Purchase Price

$118k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,696

Downpayment

20%

$23,520

Closing costs

1%

$1,176

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,125

Total Expenses

$1,069

Mortgage P&I

54%

$608

Property Taxes

5%

$61

Home Insurance

10%

$108

HOA

0%

$0

Property Management

10%

$112

CapEx

5%

$56

Vacancy

6%

$68

Maintenance

5%

$56

Other

0%

$0

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