REI Lense

REI Lense

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$2,070 (target)

7110 Aljon Ct, Theodore, AL 36582

3 beds • 2 baths • 1961 sqft

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This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $65,250 initial cash invested.

0.17%

Cash On Cash

6.99%

Cap Rate

1.08

DSCR

$2,070

Rent

$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,070

Total Expenses

$2,061

Mortgage P&I

59%

$1,219

Property Taxes

3%

$59

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$248

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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