REI Lense

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$2,540 (target)

100 Bayridge Dr, Harvest, AL 35749

3 beds • 2 baths • 2086 sqft

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This property looks like a bad Mid-Term investment with a projected -4.15% first-year return on $90,177 initial cash invested.

-4.15%

Cash On Cash

5.21%

Cap Rate

0.88

DSCR

$2,540

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,852 expenses = $312 out of pocket

Income$2,540Out of Pocket$312Mortgage P&I$1,70367%Property Taxes$1646%Insurance$1215%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$27911%

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,177

Downpayment

20%

$68,740

Closing costs

1%

$3,437

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,540

Total Expenses

$2,852

Mortgage P&I

67%

$1,703

Property Taxes

6%

$164

Home Insurance

5%

$121

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$279

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