REI Lense

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$1,810 (target)

809 Dexter St, Dothan, AL 36301

3 beds • 2 baths • 1288 sqft

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This property might be a fair Mid-Term investment with a projected 7.81% first-year return on $48,988 initial cash invested.

7.81%

Cash On Cash

9.66%

Cap Rate

1.49

DSCR

$1,810

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $1,491 expenses = $319 cash flow

Income$1,810Mortgage P&I$79744%Property Taxes$282%Insurance$523%Management$21712%CapEx$724%Vacancy$543%Maintenance$724%Other$19911%Cash Flow$319

Investment Breakdown

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Purchase Price

$148k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,988

Downpayment

20%

$29,512

Closing costs

1%

$1,476

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,810

Total Expenses

$1,491

Mortgage P&I

44%

$797

Property Taxes

2%

$28

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$217

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$199

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