REI Lense

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$2,838 (target)

352 12th St, Pleasant Grove, AL 35127

3 beds • 2 baths • 2660 sqft

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This property might be a fair Mid-Term investment with a projected 3.92% first-year return on $76,569 initial cash invested.

3.92%

Cash On Cash

7.52%

Cap Rate

1.26

DSCR

$2,838

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $2,588 expenses = $250 cash flow

Income$2,838Mortgage P&I$1,38449%Property Taxes$1335%Insurance$1054%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31211%Cash Flow$250

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,569

Downpayment

20%

$55,780

Closing costs

1%

$2,789

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$2,588

Mortgage P&I

49%

$1,384

Property Taxes

5%

$133

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$312

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