REI Lense

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$1,937 (target)

23017 County Road 12, Foley, AL 36535

3 beds • 2 baths • 1663 sqft

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This property looks like a bad Long-Term investment with a projected -11.37% first-year return on $79,989 initial cash invested.

-11.37%

Cash On Cash

4.08%

Cap Rate

0.66

DSCR

$1,937

Rent

-$758

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,937 income − $2,695 expenses = $758 out of pocket

Income$1,937Out of Pocket$758Mortgage P&I$1,957101%Property Taxes$804%Insurance$1367%HOA$181%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,989

Downpayment

20%

$76,180

Closing costs

1%

$3,809

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,937

Total Expenses

$2,695

Mortgage P&I

101%

$1,957

Property Taxes

4%

$80

Home Insurance

7%

$136

HOA

1%

$18

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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