REI Lense

REI Lense

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$1,691 (target)

169 Cattail Curv, Millbrook, AL 36054

3 beds • 2 baths • 1398 sqft

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This property might be a fair Long-Term investment with a projected 1.57% first-year return on $41,916 initial cash invested.

1.57%

Cash On Cash

7.42%

Cap Rate

1.13

DSCR

$1,691

Rent

$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,691 income − $1,636 expenses = $55 cash flow

Income$1,691Mortgage P&I$1,09465%Property Taxes$302%Insurance$724%Management$16910%CapEx$855%Vacancy$1016%Maintenance$855%Cash Flow$55

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,916

Downpayment

20%

$39,920

Closing costs

1%

$1,996

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,691

Total Expenses

$1,636

Mortgage P&I

65%

$1,094

Property Taxes

2%

$30

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$101

Maintenance

5%

$85

Other

0%

$0

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