REI Lense

REI Lense

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$1,511 (target)

555 County Road 532, Hanceville, AL 35077

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -10.84% first-year return on $62,979 initial cash invested.

-10.84%

Cash On Cash

4.12%

Cap Rate

0.68

DSCR

$1,511

Rent

-$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,511 income − $2,080 expenses = $569 out of pocket

Income$1,511Out of Pocket$569Mortgage P&I$1,523101%Property Taxes$584%Insurance$1057%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,511

Total Expenses

$2,080

Mortgage P&I

101%

$1,523

Property Taxes

4%

$58

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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