REI Lense

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$5,454 (target)

1300 Bruce Rd, Boaz, AL 35957

3 beds • 2 baths • 3500 sqft

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This property could be a profitable Mid-Term investment with a projected 15.31% first-year return on $99,018 initial cash invested.

15.31%

Cash On Cash

11.03%

Cap Rate

1.72

DSCR

$5,454

Rent

$1,263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,454 income − $4,191 expenses = $1,263 cash flow

Income$5,454Mortgage P&I$2,06438%Property Taxes$1332%Insurance$1403%Management$65412%CapEx$2184%Vacancy$1643%Maintenance$2184%Other$60011%Cash Flow$1,263

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,018

Downpayment

20%

$77,160

Closing costs

1%

$3,858

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,454

Total Expenses

$4,191

Mortgage P&I

38%

$2,064

Property Taxes

2%

$133

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$654

CapEx

4%

$218

Vacancy

3%

$164

Maintenance

4%

$218

Other

11%

$600

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