REI Lense

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$3,261 (target)

111 Crestmont Rd, Madison, AL 35756

3 beds • 2 baths • 2442 sqft

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This property looks like a bad Mid-Term investment with a projected -5.04% first-year return on $105k initial cash invested.

-5.04%

Cash On Cash

5.11%

Cap Rate

0.85

DSCR

$3,261

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,261 income − $3,702 expenses = $441 out of pocket

Income$3,261Out of Pocket$441Mortgage P&I$2,07264%Property Taxes$2407%Insurance$1475%HOA$1354%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,780

Closing costs

1%

$4,139

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,261

Total Expenses

$3,702

Mortgage P&I

64%

$2,072

Property Taxes

7%

$240

Home Insurance

5%

$147

HOA

4%

$135

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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