REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,931 (target)

971 Creekstone Point Dr NE, Fort Payne, AL 35967

3 beds • 2 baths • 1309 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.64% first-year return on $72,075 initial cash invested.

6.64%

Cash On Cash

8.69%

Cap Rate

1.38

DSCR

$2,931

Rent

$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,931 income − $2,532 expenses = $399 cash flow

Income$2,931Mortgage P&I$1,34946%Property Taxes$973%Insurance$903%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$399

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,931

Total Expenses

$2,532

Mortgage P&I

46%

$1,349

Property Taxes

3%

$97

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis