REI Lense

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$1,665 (target)

1723 13th St E, Tuscaloosa, AL 35404

3 beds • 2 baths • 1387 sqft

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This property might be a fair Long-Term investment with a projected 0.7% first-year return on $41,139 initial cash invested.

0.7%

Cash On Cash

7.2%

Cap Rate

1.1

DSCR

$1,665

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,665 income − $1,641 expenses = $24 cash flow

Income$1,665Mortgage P&I$1,06964%Property Taxes$704%Insurance$704%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$24

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,665

Total Expenses

$1,641

Mortgage P&I

64%

$1,069

Property Taxes

4%

$70

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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