REI Lense

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$2,192 (target)

129 Mayfair Ln, Cullman, AL 35057

3 beds • 2 baths • 1674 sqft

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This property looks like a bad Mid-Term investment with a projected -3.7% first-year return on $80,181 initial cash invested.

-3.7%

Cash On Cash

5.48%

Cap Rate

0.89

DSCR

$2,192

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,192 income − $2,439 expenses = $247 out of pocket

Income$2,192Out of Pocket$247Mortgage P&I$1,51069%Property Taxes$753%Insurance$1085%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,181

Downpayment

20%

$59,220

Closing costs

1%

$2,961

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,192

Total Expenses

$2,439

Mortgage P&I

69%

$1,510

Property Taxes

3%

$75

Home Insurance

5%

$108

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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