REI Lense

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$1,328 (target)

151 Elsmore Blvd, Gadsden, AL 35904

3 beds • 2 baths • 1831 sqft

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This property looks like a bad Long-Term investment with a projected -7.79% first-year return on $44,226 initial cash invested.

-7.79%

Cash On Cash

5.13%

Cap Rate

0.8

DSCR

$1,328

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,328 income − $1,615 expenses = $287 out of pocket

Income$1,328Out of Pocket$287Mortgage P&I$1,12184%Property Taxes$746%Insurance$756%Management$13310%CapEx$665%Vacancy$806%Maintenance$665%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,226

Downpayment

20%

$42,120

Closing costs

1%

$2,106

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,328

Total Expenses

$1,615

Mortgage P&I

84%

$1,121

Property Taxes

6%

$74

Home Insurance

6%

$75

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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