REI Lense

REI Lense

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$1,383 (target)

172 County Road 699, Cullman, AL 35055

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Long-Term investment with a projected -2.48% first-year return on $38,262 initial cash invested.

-2.48%

Cash On Cash

6.52%

Cap Rate

0.99

DSCR

$1,383

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,383 income − $1,462 expenses = $79 out of pocket

Income$1,383Out of Pocket$79Mortgage P&I$1,00072%Property Taxes$232%Insurance$806%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,262

Downpayment

20%

$36,440

Closing costs

1%

$1,822

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,383

Total Expenses

$1,462

Mortgage P&I

72%

$1,000

Property Taxes

2%

$23

Home Insurance

6%

$80

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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