REI Lense

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$3,288 (target)

164 Fairway Dr, Daphne, AL 36526

3 beds • 3 baths • 2302 sqft

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This property could be a profitable Mid-Term investment with a projected 14.89% first-year return on $61,239 initial cash invested.

14.89%

Cash On Cash

11.81%

Cap Rate

1.79

DSCR

$3,288

Rent

$760

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,288 income − $2,528 expenses = $760 cash flow

Income$3,288Mortgage P&I$1,13434%Property Taxes$1304%Insurance$742%HOA$702%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$760

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,239

Downpayment

20%

$41,180

Closing costs

1%

$2,059

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,288

Total Expenses

$2,528

Mortgage P&I

34%

$1,134

Property Taxes

4%

$130

Home Insurance

2%

$74

HOA

2%

$70

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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