REI Lense

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$2,498 (target)

61 Lincolnshire Ln, Phenix City, AL 36870

3 beds • 2 baths • 1379 sqft

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This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $69,597 initial cash invested.

0.02%

Cash On Cash

7.02%

Cap Rate

1.08

DSCR

$2,498

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $2,497 expenses = $1 cash flow

Income$2,498Mortgage P&I$1,33754%Property Taxes$2249%Insurance$863%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$1

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,597

Downpayment

20%

$49,140

Closing costs

1%

$2,457

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$2,497

Mortgage P&I

54%

$1,337

Property Taxes

9%

$224

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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