REI Lense

REI Lense

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$1,662 (target)

2501 Pineknoll St, Opelika, AL 36804

3 beds • 2 baths • 1660 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $50,484 initial cash invested.

-5.78%

Cash On Cash

5.75%

Cap Rate

0.88

DSCR

$1,662

Rent

-$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,662 income − $1,905 expenses = $243 out of pocket

Income$1,662Out of Pocket$243Mortgage P&I$1,31279%Property Taxes$755%Insurance$865%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,484

Downpayment

20%

$48,080

Closing costs

1%

$2,404

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,662

Total Expenses

$1,905

Mortgage P&I

79%

$1,312

Property Taxes

5%

$75

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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