REI Lense

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$1,604 (target)

12517 Gunter Rd, Andalusia, AL 36420

3 beds • 2 baths • 1125 sqft

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This property might be a fair Mid-Term investment with a projected 6.68% first-year return on $46,329 initial cash invested.

6.68%

Cash On Cash

9.33%

Cap Rate

1.44

DSCR

$1,604

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,604 income − $1,346 expenses = $258 cash flow

Income$1,604Mortgage P&I$72745%Property Taxes$282%Insurance$473%Management$19212%CapEx$644%Vacancy$483%Maintenance$644%Other$17611%Cash Flow$258

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,604

Total Expenses

$1,346

Mortgage P&I

45%

$727

Property Taxes

2%

$28

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$192

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$176

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