REI Lense

REI Lense

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$1,183 (target)

13039 Martin Rd, Northport, AL 35473

3 beds • 2 baths • 2467 sqft

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This property looks like a bad Long-Term investment with a projected -18.02% first-year return on $73,647 initial cash invested.

-18.02%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$1,183

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,647

Downpayment

20%

$70,140

Closing costs

1%

$3,507

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,183

Total Expenses

$2,289

Mortgage P&I

148%

$1,748

Property Taxes

9%

$106

Home Insurance

11%

$128

HOA

0%

$0

Property Management

10%

$118

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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