REI Lense

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$1,488 (target)

609 Annapolis Ave, Sheffield, AL 35660

3 beds • 2 baths • 1420 sqft

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This property could be a profitable Mid-Term investment with a projected 36.97% first-year return on $25,350 initial cash invested.

36.97%

Cash On Cash

34.97%

Cap Rate

5.7

DSCR

$1,488

Rent

$781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $707 expenses = $781 cash flow

Income$1,488Mortgage P&I$17912%Property Taxes$81%Insurance$121%Management$17912%CapEx$604%Vacancy$453%Maintenance$604%Other$16411%Cash Flow$781

Investment Breakdown

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Purchase Price

$35,000

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,350

Downpayment

20%

$7,000

Closing costs

1%

$350

Rehab

0%

$0

Furnishing

51%

$18,000

Cashflow

Total Income

$1,488

Total Expenses

$707

Mortgage P&I

12%

$179

Property Taxes

1%

$8

Home Insurance

1%

$12

HOA

0%

$0

Property Management

12%

$179

CapEx

4%

$60

Vacancy

3%

$45

Maintenance

4%

$60

Other

11%

$164

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