REI Lense

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$3,060 (target)

85 Cedar Ct, Pell City, AL 35125

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $75,435 initial cash invested.

5.74%

Cash On Cash

8.44%

Cap Rate

1.34

DSCR

$3,060

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $2,699 expenses = $361 cash flow

Income$3,060Mortgage P&I$1,44047%Property Taxes$943%Insurance$963%HOA$291%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%Cash Flow$361

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,435

Downpayment

20%

$54,700

Closing costs

1%

$2,735

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$2,699

Mortgage P&I

47%

$1,440

Property Taxes

3%

$94

Home Insurance

3%

$96

HOA

1%

$29

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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