REI Lense

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$1,335 (target)

209 Seay St, Enterprise, AL 36330

3 beds • 3 baths • 2823 sqft

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This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $56,322 initial cash invested.

-12.12%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$1,335

Rent

-$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,335 income − $1,904 expenses = $569 out of pocket

Income$1,335Out of Pocket$569Mortgage P&I$1,341100%Property Taxes$987%Insurance$1179%Management$13410%CapEx$675%Vacancy$806%Maintenance$675%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,322

Downpayment

20%

$53,640

Closing costs

1%

$2,682

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,335

Total Expenses

$1,904

Mortgage P&I

100%

$1,341

Property Taxes

7%

$98

Home Insurance

9%

$117

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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