REI Lense

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$1,393 (target)

2309 Kristie Lea Dr, Dothan, AL 36303

3 beds • 2 baths • 1485 sqft

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This property could be a profitable Long-Term investment with a projected 25.5% first-year return on $21,080 initial cash invested.

25.5%

Cash On Cash

12.46%

Cap Rate

1.99

DSCR

$1,393

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,393 income − $945 expenses = $448 cash flow

Income$1,393Mortgage P&I$52438%Property Taxes$232%Insurance$353%Management$13910%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$448

Investment Breakdown

|

Purchase Price

$100k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,080

Downpayment

20%

$20,076

Closing costs

1%

$1,004

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,393

Total Expenses

$945

Mortgage P&I

38%

$524

Property Taxes

2%

$23

Home Insurance

3%

$35

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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