REI Lense

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$2,069 (target)

469 County Road 262, Hanceville, AL 35077

3 beds • 3 baths • 2838 sqft

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This property looks like a bad Long-Term investment with a projected -5.47% first-year return on $70,644 initial cash invested.

-5.47%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$2,069

Rent

-$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,069 income − $2,391 expenses = $322 out of pocket

Income$2,069Out of Pocket$322Mortgage P&I$1,68581%Property Taxes$472%Insurance$1226%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,069

Total Expenses

$2,391

Mortgage P&I

81%

$1,685

Property Taxes

2%

$47

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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