REI Lense

REI Lense

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$1,533 (target)

1368 Carter Grove Rd, Hazel Green, AL 35750

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Long-Term investment with a projected -8.84% first-year return on $58,506 initial cash invested.

-8.84%

Cash On Cash

4.57%

Cap Rate

0.75

DSCR

$1,533

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,533 income − $1,964 expenses = $431 out of pocket

Income$1,533Out of Pocket$431Mortgage P&I$1,41592%Property Taxes$503%Insurance$1007%Management$15310%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,506

Downpayment

20%

$55,720

Closing costs

1%

$2,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,533

Total Expenses

$1,964

Mortgage P&I

92%

$1,415

Property Taxes

3%

$50

Home Insurance

7%

$100

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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