REI Lense

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$1,730 (target)

420 West St, Talladega, AL 35160

3 beds • 2 baths • 2301 sqft

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This property could be a profitable Long-Term investment with a projected 50.61% first-year return on $18,375 initial cash invested.

50.61%

Cash On Cash

17.95%

Cap Rate

2.92

DSCR

$1,730

Rent

$775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,730 income − $955 expenses = $775 cash flow

Income$1,730Mortgage P&I$44826%Property Taxes$272%Insurance$312%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%Cash Flow$775

Investment Breakdown

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Purchase Price

$87,500

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,375

Downpayment

20%

$17,500

Closing costs

1%

$875

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$955

Mortgage P&I

26%

$448

Property Taxes

2%

$27

Home Insurance

2%

$31

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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