REI Lense

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$1,552 (target)

3740 Marie Cook Dr, Montgomery, AL 36109

3 beds • 2 baths • 1855 sqft

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This property looks like a bad Long-Term investment with a projected -5.3% first-year return on $43,890 initial cash invested.

-5.3%

Cash On Cash

5.91%

Cap Rate

0.9

DSCR

$1,552

Rent

-$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,552 income − $1,746 expenses = $194 out of pocket

Income$1,552Out of Pocket$194Mortgage P&I$1,14574%Property Taxes$1248%Insurance$735%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,552

Total Expenses

$1,746

Mortgage P&I

74%

$1,145

Property Taxes

8%

$124

Home Insurance

5%

$73

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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