REI Lense

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$1,497 (target)

201 Larkwood Dr SW, Decatur, AL 35601

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Long-Term investment with a projected -5.51% first-year return on $43,365 initial cash invested.

-5.51%

Cash On Cash

5.83%

Cap Rate

0.89

DSCR

$1,497

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,497 income − $1,696 expenses = $199 out of pocket

Income$1,497Out of Pocket$199Mortgage P&I$1,12775%Property Taxes$1057%Insurance$745%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,365

Downpayment

20%

$41,300

Closing costs

1%

$2,065

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,497

Total Expenses

$1,696

Mortgage P&I

75%

$1,127

Property Taxes

7%

$105

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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