REI Lense

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$1,431 (target)

63467 Highway 22, Roanoke, AL 36274

3 beds • 2 baths • 1444 sqft

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This property could be a profitable Long-Term investment with a projected 18.3% first-year return on $25,179 initial cash invested.

18.3%

Cash On Cash

10.67%

Cap Rate

1.75

DSCR

$1,431

Rent

$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,431 income − $1,047 expenses = $384 cash flow

Income$1,431Mortgage P&I$61043%Property Taxes$222%Insurance$423%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$384

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,179

Downpayment

20%

$23,980

Closing costs

1%

$1,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,431

Total Expenses

$1,047

Mortgage P&I

43%

$610

Property Taxes

2%

$22

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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