REI Lense

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$3,040 (target)

106 Sleepy Hollow Ln, Madison, AL 35758

3 beds • 2 baths • 1580 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $79,824 initial cash invested.

0.77%

Cash On Cash

7.01%

Cap Rate

1.11

DSCR

$3,040

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,040 income − $2,989 expenses = $51 cash flow

Income$3,040Mortgage P&I$1,54751%Property Taxes$30610%Insurance$1023%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$51

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,824

Downpayment

20%

$58,880

Closing costs

1%

$2,944

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,040

Total Expenses

$2,989

Mortgage P&I

51%

$1,547

Property Taxes

10%

$306

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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