REI Lense

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$2,504 (target)

2321 Bobwhite Dr, Tuscaloosa, AL 35405

3 beds • 2 baths • 1337 sqft

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This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $70,794 initial cash invested.

4.02%

Cash On Cash

7.55%

Cap Rate

1.27

DSCR

$2,504

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,504 income − $2,267 expenses = $237 cash flow

Income$2,504Mortgage P&I$1,24550%Property Taxes$552%Insurance$884%HOA$291%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$237

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,794

Downpayment

20%

$50,280

Closing costs

1%

$2,514

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,504

Total Expenses

$2,267

Mortgage P&I

50%

$1,245

Property Taxes

2%

$55

Home Insurance

4%

$88

HOA

1%

$29

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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