REI Lense

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$2,709 (target)

136 Tybee Dr, Madison, AL 35756

3 beds • 2 baths • 1666 sqft

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This property might be a fair Mid-Term investment with a projected 2.84% first-year return on $73,629 initial cash invested.

2.84%

Cash On Cash

7.44%

Cap Rate

1.21

DSCR

$2,709

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,709 income − $2,535 expenses = $174 cash flow

Income$2,709Mortgage P&I$1,36150%Property Taxes$1485%Insurance$933%HOA$13Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$174

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,709

Total Expenses

$2,535

Mortgage P&I

50%

$1,361

Property Taxes

5%

$148

Home Insurance

3%

$93

HOA

0%

$13

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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