REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,459 (target)

831 County Road 38, Florence, AL 35634

3 beds • 2 baths • 1635 sqft

Email

This property might be a fair Long-Term investment with a projected 3.52% first-year return on $33,789 initial cash invested.

3.52%

Cash On Cash

7.53%

Cap Rate

1.21

DSCR

$1,459

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,459 income − $1,360 expenses = $99 cash flow

Income$1,459Mortgage P&I$83857%Property Taxes$483%Insurance$946%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$99

Investment Breakdown

|

Purchase Price

$161k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,789

Downpayment

20%

$32,180

Closing costs

1%

$1,609

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,459

Total Expenses

$1,360

Mortgage P&I

57%

$838

Property Taxes

3%

$48

Home Insurance

6%

$94

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis