REI Lense

REI Lense

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$1,152 (target)

847 Elm St, Talladega, AL 35160

3 beds • 2 baths • 1508 sqft

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This property might be a fair Long-Term investment with a projected 0.2% first-year return on $29,946 initial cash invested.

0.2%

Cash On Cash

6.97%

Cap Rate

1.08

DSCR

$1,152

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,152 income − $1,147 expenses = $5 cash flow

Income$1,152Mortgage P&I$76566%Property Taxes$303%Insurance$525%Management$11510%CapEx$585%Vacancy$696%Maintenance$585%Cash Flow$5

Investment Breakdown

|

Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,946

Downpayment

20%

$28,520

Closing costs

1%

$1,426

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,152

Total Expenses

$1,147

Mortgage P&I

66%

$765

Property Taxes

3%

$30

Home Insurance

5%

$52

HOA

0%

$0

Property Management

10%

$115

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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