REI Lense

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$1,472 (target)

112 Horn Hill Rd, Opp, AL 36467

3 beds • 3 baths • 1711 sqft

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This property might be a fair Mid-Term investment with a projected 2.32% first-year return on $49,038 initial cash invested.

2.32%

Cash On Cash

7.63%

Cap Rate

1.2

DSCR

$1,472

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,472 income − $1,377 expenses = $95 cash flow

Income$1,472Mortgage P&I$78653%Property Taxes$433%Insurance$473%Management$17712%CapEx$594%Vacancy$443%Maintenance$594%Other$16211%Cash Flow$95

Investment Breakdown

|

Purchase Price

$148k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,038

Downpayment

20%

$29,560

Closing costs

1%

$1,478

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,472

Total Expenses

$1,377

Mortgage P&I

53%

$786

Property Taxes

3%

$43

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$177

CapEx

4%

$59

Vacancy

3%

$44

Maintenance

4%

$59

Other

11%

$162

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