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$1,863 (target)

294 Lee Road 917, Phenix City, AL 36870

3 beds • 2 baths • 1322 sqft

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This property looks like a bad Mid-Term investment with a projected -1.43% first-year return on $65,460 initial cash invested.

-1.43%

Cash On Cash

6.28%

Cap Rate

1

DSCR

$1,863

Rent

-$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,863 income − $1,941 expenses = $78 out of pocket

Income$1,863Out of Pocket$78Mortgage P&I$1,18564%Property Taxes$422%Insurance$794%Management$22412%CapEx$754%Vacancy$563%Maintenance$754%Other$20511%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,460

Downpayment

20%

$45,200

Closing costs

1%

$2,260

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,863

Total Expenses

$1,941

Mortgage P&I

64%

$1,185

Property Taxes

2%

$42

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$224

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$205

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