REI Lense

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$2,036 (target)

1012 Elm St, Moody, AL 35004

3 beds • 2 baths • 1064 sqft

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This property might be a fair Mid-Term investment with a projected 2% first-year return on $60,000 initial cash invested.

2%

Cash On Cash

7.52%

Cap Rate

1.17

DSCR

$2,036

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $1,936 expenses = $100 cash flow

Income$2,036Mortgage P&I$1,07253%Property Taxes$1035%Insurance$703%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%Cash Flow$100

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,036

Total Expenses

$1,936

Mortgage P&I

53%

$1,072

Property Taxes

5%

$103

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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