REI Lense

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$4,276 (target)

123 Ridge Rd, Dothan, AL 36303

3 beds • 4 baths • 2668 sqft

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This property might be a fair Mid-Term investment with a projected 7.1% first-year return on $99,249 initial cash invested.

7.1%

Cash On Cash

8.51%

Cap Rate

1.38

DSCR

$4,276

Rent

$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,276 income − $3,689 expenses = $587 cash flow

Income$4,276Mortgage P&I$1,98546%Property Taxes$1163%Insurance$1353%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%Cash Flow$587

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,249

Downpayment

20%

$77,380

Closing costs

1%

$3,869

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,276

Total Expenses

$3,689

Mortgage P&I

46%

$1,985

Property Taxes

3%

$116

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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