REI Lense

REI Lense

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$1,350 (target)

812 Mandarin Ave, Dothan, AL 36301

3 beds • 2 baths • 1115 sqft

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This property might be a fair Mid-Term investment with a projected 9.63% first-year return on $37,866 initial cash invested.

9.63%

Cash On Cash

11.09%

Cap Rate

1.69

DSCR

$1,350

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$94,600

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,866

Downpayment

20%

$18,920

Closing costs

1%

$946

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$1,350

Total Expenses

$1,046

Mortgage P&I

38%

$516

Property Taxes

1%

$16

Home Insurance

4%

$56

HOA

0%

$0

Property Management

12%

$162

CapEx

4%

$54

Vacancy

3%

$40

Maintenance

4%

$54

Other

11%

$148

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