REI Lense

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$2,050 (target)

106 Lakeview Ln, Headland, AL 36345

3 beds • 4 baths • 3497 sqft

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This property looks like a bad Long-Term investment with a projected -21.49% first-year return on $171k initial cash invested.

-21.49%

Cash On Cash

1.61%

Cap Rate

0.27

DSCR

$2,050

Rent

-$3,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $5,113 expenses = $3,063 out of pocket

Income$2,050Out of Pocket$3,063Mortgage P&I$4,053198%Property Taxes$23411%Insurance$29414%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$163k

Closing costs

1%

$8,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$5,113

Mortgage P&I

198%

$4,053

Property Taxes

11%

$234

Home Insurance

14%

$294

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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