REI Lense

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$1,854 (target)

22425 5th Ave, Florala, AL 36442

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 4.36% first-year return on $53,658 initial cash invested.

4.36%

Cash On Cash

8.34%

Cap Rate

1.3

DSCR

$1,854

Rent

$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,854 income − $1,659 expenses = $195 cash flow

Income$1,854Mortgage P&I$91149%Property Taxes$442%Insurance$744%Management$22212%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$195

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,658

Downpayment

20%

$33,960

Closing costs

1%

$1,698

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,854

Total Expenses

$1,659

Mortgage P&I

49%

$911

Property Taxes

2%

$44

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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