REI Lense

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$2,578 (target)

117 Jay Dr, Madison, AL 35758

3 beds • 2 baths • 1493 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $75,729 initial cash invested.

1.47%

Cash On Cash

6.86%

Cap Rate

1.14

DSCR

$2,578

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,578 income − $2,485 expenses = $93 cash flow

Income$2,578Mortgage P&I$1,37653%Property Taxes$1355%Insurance$984%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$93

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,578

Total Expenses

$2,485

Mortgage P&I

53%

$1,376

Property Taxes

5%

$135

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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