REI Lense

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$1,621 (target)

10671 Union Ct, Grand Bay, AL 36541

3 beds • 2 baths • 1503 sqft

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This property looks like a bad Long-Term investment with a projected -8.93% first-year return on $52,395 initial cash invested.

-8.93%

Cash On Cash

5.06%

Cap Rate

0.77

DSCR

$1,621

Rent

-$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,621 income − $2,011 expenses = $390 out of pocket

Income$1,621Out of Pocket$390Mortgage P&I$1,36284%Property Taxes$1419%Insurance$875%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,621

Total Expenses

$2,011

Mortgage P&I

84%

$1,362

Property Taxes

9%

$141

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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