REI Lense

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$3,004 (target)

2126 Inverness Pkwy, Tuscaloosa, AL 35405

3 beds • 3 baths • 2352 sqft

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This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $79,236 initial cash invested.

5.36%

Cash On Cash

8%

Cap Rate

1.32

DSCR

$3,004

Rent

$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $2,650 expenses = $354 cash flow

Income$3,004Mortgage P&I$1,46949%Property Taxes$562%Insurance$1053%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$354

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,236

Downpayment

20%

$58,320

Closing costs

1%

$2,916

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$2,650

Mortgage P&I

49%

$1,469

Property Taxes

2%

$56

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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