REI Lense

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$2,964 (target)

11824 Holt Lock And Dam Rd, Cottondale, AL 35453

3 beds • 2 baths • 1746 sqft

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This property might be a fair Mid-Term investment with a projected 2.75% first-year return on $85,494 initial cash invested.

2.75%

Cash On Cash

7.09%

Cap Rate

1.2

DSCR

$2,964

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,964 income − $2,768 expenses = $196 cash flow

Income$2,964Mortgage P&I$1,58553%Property Taxes$602%Insurance$1144%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$196

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,964

Total Expenses

$2,768

Mortgage P&I

53%

$1,585

Property Taxes

2%

$60

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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