REI Lense

REI Lense

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$1,521 (target)

8765 Conquistador W, Grand Bay, AL 36541

3 beds • 2 baths • 1225 sqft

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This property might be a fair Long-Term investment with a projected 5.77% first-year return on $34,545 initial cash invested.

5.77%

Cash On Cash

8.07%

Cap Rate

1.28

DSCR

$1,521

Rent

$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,521 income − $1,355 expenses = $166 cash flow

Income$1,521Mortgage P&I$86457%Property Taxes$382%Insurance$584%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$166

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,545

Downpayment

20%

$32,900

Closing costs

1%

$1,645

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,521

Total Expenses

$1,355

Mortgage P&I

57%

$864

Property Taxes

3%

$38

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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