REI Lense

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$1,187 (target)

712 Whatley Dr, Tallassee, AL 36078

3 beds • 2 baths • 1222 sqft

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This property might be a fair Long-Term investment with a projected 1.78% first-year return on $28,308 initial cash invested.

1.78%

Cash On Cash

7.34%

Cap Rate

1.14

DSCR

$1,187

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,187 income − $1,145 expenses = $42 cash flow

Income$1,187Mortgage P&I$72361%Property Taxes$545%Insurance$605%Management$11910%CapEx$595%Vacancy$716%Maintenance$595%Cash Flow$42

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,308

Downpayment

20%

$26,960

Closing costs

1%

$1,348

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,187

Total Expenses

$1,145

Mortgage P&I

61%

$723

Property Taxes

5%

$54

Home Insurance

5%

$60

HOA

0%

$0

Property Management

10%

$119

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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