REI Lense

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$1,872 (target)

80 Pine Ln, Boaz, AL 35956

3 beds • 2 baths • 1319 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $58,152 initial cash invested.

2.52%

Cash On Cash

7.54%

Cap Rate

1.2

DSCR

$1,872

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,872 income − $1,750 expenses = $122 cash flow

Income$1,872Mortgage P&I$1,00554%Property Taxes$402%Insurance$684%Management$22512%CapEx$754%Vacancy$563%Maintenance$754%Other$20611%Cash Flow$122

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,152

Downpayment

20%

$38,240

Closing costs

1%

$1,912

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,872

Total Expenses

$1,750

Mortgage P&I

54%

$1,005

Property Taxes

2%

$40

Home Insurance

4%

$68

HOA

0%

$0

Property Management

12%

$225

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$206

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