REI Lense

REI Lense

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$1,321 (target)

1185 State Highway 9, Anniston, AL 36207

3 beds • 2 baths • 2129 sqft

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This property looks like a bad Long-Term investment with a projected -17.44% first-year return on $77,070 initial cash invested.

-17.44%

Cash On Cash

2.78%

Cap Rate

0.45

DSCR

$1,321

Rent

-$1,120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,321 income − $2,441 expenses = $1,120 out of pocket

Income$1,321Out of Pocket$1,120Mortgage P&I$1,905144%Property Taxes$655%Insurance$12810%Management$13210%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,321

Total Expenses

$2,441

Mortgage P&I

144%

$1,905

Property Taxes

5%

$65

Home Insurance

10%

$128

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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