REI Lense

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$2,787 (target)

120 Skyhawk Dr, Harvest, AL 35749

3 beds • 2 baths • 2265 sqft

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This property might be a fair Mid-Term investment with a projected 2.77% first-year return on $77,241 initial cash invested.

2.77%

Cash On Cash

7.23%

Cap Rate

1.2

DSCR

$2,787

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $2,609 expenses = $178 cash flow

Income$2,787Mortgage P&I$1,41051%Property Taxes$1525%Insurance$1004%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%Cash Flow$178

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,241

Downpayment

20%

$56,420

Closing costs

1%

$2,821

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$2,609

Mortgage P&I

51%

$1,410

Property Taxes

5%

$152

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

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