REI Lense

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$2,432 (target)

10671 Union Ct, Grand Bay, AL 36541

3 beds • 2 baths • 1503 sqft

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This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $70,395 initial cash invested.

0.26%

Cash On Cash

7.09%

Cap Rate

1.08

DSCR

$2,432

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,432 income − $2,417 expenses = $15 cash flow

Income$2,432Mortgage P&I$1,36256%Property Taxes$1416%Insurance$874%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$15

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,432

Total Expenses

$2,417

Mortgage P&I

56%

$1,362

Property Taxes

6%

$141

Home Insurance

4%

$87

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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