REI Lense

REI Lense

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$1,521 (target)

600 Magnolia Crest Ct, Odenville, AL 35120

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -8.38% first-year return on $52,395 initial cash invested.

-8.38%

Cash On Cash

4.96%

Cap Rate

0.78

DSCR

$1,521

Rent

-$366

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

$52,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,521

Total Expenses

$1,887

Mortgage P&I

87%

$1,322

Property Taxes

4%

$61

Home Insurance

6%

$88

HOA

1%

$21

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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