REI Lense

REI Lense

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$2,282 (target)

600 Magnolia Crest Ct, Odenville, AL 35120

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $70,395 initial cash invested.

0.26%

Cash On Cash

6.87%

Cap Rate

1.08

DSCR

$2,282

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,282

Total Expenses

$2,267

Mortgage P&I

58%

$1,322

Property Taxes

3%

$61

Home Insurance

4%

$88

HOA

1%

$21

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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