REI Lense

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$3,929 (target)

652 Rumson Rd, Homewood, AL 35209

3 beds • 3 baths • 3291 sqft

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This property looks like a bad Long-Term investment with a projected -8.79% first-year return on $142k initial cash invested.

-8.79%

Cash On Cash

4.6%

Cap Rate

0.75

DSCR

$3,929

Rent

-$1,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,929 income − $4,968 expenses = $1,039 out of pocket

Income$3,929Out of Pocket$1,039Mortgage P&I$3,43487%Property Taxes$2857%Insurance$2286%Management$39310%CapEx$1965%Vacancy$2366%Maintenance$1965%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,754

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,929

Total Expenses

$4,968

Mortgage P&I

87%

$3,434

Property Taxes

7%

$285

Home Insurance

6%

$228

HOA

0%

$0

Property Management

10%

$393

CapEx

5%

$196

Vacancy

6%

$236

Maintenance

5%

$196

Other

0%

$0

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