REI Lense

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$2,586 (target)

807 7th St NE, Arab, AL 35016

3 beds • 2 baths • 1738 sqft

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This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $74,301 initial cash invested.

3.23%

Cash On Cash

7.4%

Cap Rate

1.22

DSCR

$2,586

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,586 income − $2,386 expenses = $200 cash flow

Income$2,586Mortgage P&I$1,35052%Property Taxes$642%Insurance$944%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%Cash Flow$200

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,301

Downpayment

20%

$53,620

Closing costs

1%

$2,681

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$2,386

Mortgage P&I

52%

$1,350

Property Taxes

2%

$64

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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