REI Lense

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$3,204 (target)

5252 Cedar Ridge Rd, Mount Olive, AL 35117

3 beds • 3 baths • 1933 sqft

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This property might be a fair Mid-Term investment with a projected 6.12% first-year return on $83,121 initial cash invested.

6.12%

Cash On Cash

8.12%

Cap Rate

1.36

DSCR

$3,204

Rent

$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $2,780 expenses = $424 cash flow

Income$3,204Mortgage P&I$1,54648%Property Taxes$331%Insurance$1134%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$424

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,121

Downpayment

20%

$62,020

Closing costs

1%

$3,101

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$2,780

Mortgage P&I

48%

$1,546

Property Taxes

1%

$33

Home Insurance

4%

$113

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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