REI Lense

REI Lense

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$1,252 (target)

30 Richardson Dr, Daleville, AL 36322

3 beds • 2 baths • 1549 sqft

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This property looks like a bad Long-Term investment with a projected -11.91% first-year return on $47,670 initial cash invested.

-11.91%

Cash On Cash

4.41%

Cap Rate

0.67

DSCR

$1,252

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,252 income − $1,725 expenses = $473 out of pocket

Income$1,252Out of Pocket$473Mortgage P&I$1,24499%Property Taxes$766%Insurance$796%Management$12510%CapEx$635%Vacancy$756%Maintenance$635%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,670

Downpayment

20%

$45,400

Closing costs

1%

$2,270

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,252

Total Expenses

$1,725

Mortgage P&I

99%

$1,244

Property Taxes

6%

$76

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$125

CapEx

5%

$63

Vacancy

6%

$75

Maintenance

5%

$63

Other

0%

$0

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