REI Lense

REI Lense

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$1,856 (target)

3704 Plumcrest Ave, Albany, GA 31705

3 beds • 2 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 8.51% first-year return on $49,626 initial cash invested.

8.51%

Cash On Cash

9.59%

Cap Rate

1.55

DSCR

$1,856

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,626

Downpayment

20%

$30,120

Closing costs

1%

$1,506

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,856

Total Expenses

$1,504

Mortgage P&I

42%

$778

Property Taxes

2%

$41

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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