REI Lense

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$2,322 (target)

120 County Road 611, Ranburne, AL 36273

3 beds • 2 baths • 2106 sqft

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This property looks like a bad Mid-Term investment with a projected -9.33% first-year return on $109k initial cash invested.

-9.33%

Cash On Cash

3.95%

Cap Rate

0.65

DSCR

$2,322

Rent

-$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $3,172 expenses = $850 out of pocket

Income$2,322Out of Pocket$850Mortgage P&I$2,18894%Property Taxes$422%Insurance$1527%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$3,172

Mortgage P&I

94%

$2,188

Property Taxes

2%

$42

Home Insurance

7%

$152

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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