REI Lense

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$2,236 (target)

6966 Oak Side Dr, Montgomery, AL 36117

3 beds • 2 baths • 1534 sqft

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This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $60,399 initial cash invested.

3.3%

Cash On Cash

8.07%

Cap Rate

1.23

DSCR

$2,236

Rent

$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,236 income − $2,070 expenses = $166 cash flow

Income$2,236Mortgage P&I$1,10249%Property Taxes$1386%Insurance$713%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24611%Cash Flow$166

Investment Breakdown

|

Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,399

Downpayment

20%

$40,380

Closing costs

1%

$2,019

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,236

Total Expenses

$2,070

Mortgage P&I

49%

$1,102

Property Taxes

6%

$138

Home Insurance

3%

$71

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$246

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