REI Lense

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$2,547 (target)

5724 Red Barn Rd, Montgomery, AL 36116

3 beds • 2 baths • 1683 sqft

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This property might be a fair Mid-Term investment with a projected 9.45% first-year return on $59,790 initial cash invested.

9.45%

Cash On Cash

10.03%

Cap Rate

1.53

DSCR

$2,547

Rent

$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $2,076 expenses = $471 cash flow

Income$2,547Mortgage P&I$1,09143%Property Taxes$492%Insurance$703%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$471

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,547

Total Expenses

$2,076

Mortgage P&I

43%

$1,091

Property Taxes

2%

$49

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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