REI Lense

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$1,428 (target)

17651 Wallace Chapel Ln, Vance, AL 35490

3 beds • 2 baths • 1060 sqft

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This property looks like a bad Long-Term investment with a projected -4.52% first-year return on $40,866 initial cash invested.

-4.52%

Cash On Cash

6.06%

Cap Rate

0.92

DSCR

$1,428

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,428 income − $1,582 expenses = $154 out of pocket

Income$1,428Out of Pocket$154Mortgage P&I$1,06675%Property Taxes$785%Insurance$675%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,866

Downpayment

20%

$38,920

Closing costs

1%

$1,946

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,428

Total Expenses

$1,582

Mortgage P&I

75%

$1,066

Property Taxes

5%

$78

Home Insurance

5%

$67

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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