REI Lense

REI Lense

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$1,456 (target)

175 Bainbridge Cir, Muscle Shoals, AL 35661

3 beds • 3 baths • 3011 sqft

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This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $69,279 initial cash invested.

-12.9%

Cash On Cash

3.5%

Cap Rate

0.59

DSCR

$1,456

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,456 income − $2,201 expenses = $745 out of pocket

Income$1,456Out of Pocket$745Mortgage P&I$1,634112%Property Taxes$725%Insurance$1168%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,456

Total Expenses

$2,201

Mortgage P&I

112%

$1,634

Property Taxes

5%

$72

Home Insurance

8%

$116

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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