REI Lense

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$2,100 (target)

904 Leon St, Saraland, AL 36571

3 beds • 2 baths • 1585 sqft

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This property might be a fair Long-Term investment with a projected 3.16% first-year return on $48,300 initial cash invested.

3.16%

Cash On Cash

7.83%

Cap Rate

1.18

DSCR

$2,100

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,100 income − $1,973 expenses = $127 cash flow

Income$2,100Mortgage P&I$1,26860%Property Taxes$794%Insurance$804%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%Cash Flow$127

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$1,973

Mortgage P&I

60%

$1,268

Property Taxes

4%

$79

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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