REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,308 (target)

8668 Summer Bay Ln, Foley, AL 36535

3 beds • 2 baths • 1621 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $84,906 initial cash invested.

1.46%

Cash On Cash

7.31%

Cap Rate

1.14

DSCR

$3,308

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,308 income − $3,205 expenses = $103 cash flow

Income$3,308Mortgage P&I$1,70552%Property Taxes$1595%Insurance$1224%HOA$953%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$103

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,906

Downpayment

20%

$63,720

Closing costs

1%

$3,186

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,308

Total Expenses

$3,205

Mortgage P&I

52%

$1,705

Property Taxes

5%

$159

Home Insurance

4%

$122

HOA

3%

$95

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis