REI Lense

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$1,530 (target)

801 Nuckolls St, Gadsden, AL 35903

3 beds • 2 baths • 1384 sqft

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This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $49,290 initial cash invested.

3.31%

Cash On Cash

8.03%

Cap Rate

1.25

DSCR

$1,530

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,530

Total Expenses

$1,394

Mortgage P&I

52%

$800

Property Taxes

1%

$22

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$184

CapEx

4%

$61

Vacancy

3%

$46

Maintenance

4%

$61

Other

11%

$168

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