REI Lense

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$2,964 (target)

712 25th Ave, Northport, AL 35476

3 beds • 2 baths • 1990 sqft

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This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $88,833 initial cash invested.

1.82%

Cash On Cash

6.82%

Cap Rate

1.15

DSCR

$2,964

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,833

Downpayment

20%

$67,460

Closing costs

1%

$3,373

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,964

Total Expenses

$2,829

Mortgage P&I

56%

$1,663

Property Taxes

1%

$35

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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