REI Lense

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$3,363 (target)

331 Frontier Cir, Auburn, AL 36832

3 beds • 2 baths • 1664 sqft

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This property might be a fair Mid-Term investment with a projected 2.62% first-year return on $88,434 initial cash invested.

2.62%

Cash On Cash

7.11%

Cap Rate

1.2

DSCR

$3,363

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $3,170 expenses = $193 cash flow

Income$3,363Mortgage P&I$1,65849%Property Taxes$2517%Insurance$1163%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$193

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,434

Downpayment

20%

$67,080

Closing costs

1%

$3,354

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,170

Mortgage P&I

49%

$1,658

Property Taxes

7%

$251

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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