REI Lense

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$1,737 (target)

102 Fay St, Opp, AL 36467

3 beds • 2 baths • 1325 sqft

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This property might be a fair Mid-Term investment with a projected 5.61% first-year return on $50,088 initial cash invested.

5.61%

Cash On Cash

8.8%

Cap Rate

1.37

DSCR

$1,737

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,737 income − $1,503 expenses = $234 cash flow

Income$1,737Mortgage P&I$81747%Property Taxes$412%Insurance$563%Management$20812%CapEx$694%Vacancy$523%Maintenance$694%Other$19111%Cash Flow$234

Investment Breakdown

|

Purchase Price

$153k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,088

Downpayment

20%

$30,560

Closing costs

1%

$1,528

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,737

Total Expenses

$1,503

Mortgage P&I

47%

$817

Property Taxes

2%

$41

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$208

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$191

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