REI Lense

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$2,391 (target)

106 Oxford Dr, Meridianville, AL 35759

3 beds • 3 baths • 1571 sqft

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This property looks like a bad Mid-Term investment with a projected -0.93% first-year return on $73,629 initial cash invested.

-0.93%

Cash On Cash

6.59%

Cap Rate

1.03

DSCR

$2,391

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,391 income − $2,448 expenses = $57 out of pocket

Income$2,391Out of Pocket$57Mortgage P&I$1,41559%Property Taxes$1265%Insurance$934%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,391

Total Expenses

$2,448

Mortgage P&I

59%

$1,415

Property Taxes

5%

$126

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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