REI Lense

REI Lense

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$1,691 (target)

7254 Fords Valley Rd, Gadsden, AL 35905

3 beds • 2 baths • 2450 sqft

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This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $70,539 initial cash invested.

-10.31%

Cash On Cash

4.08%

Cap Rate

0.69

DSCR

$1,691

Rent

-$606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,691 income − $2,297 expenses = $606 out of pocket

Income$1,691Out of Pocket$606Mortgage P&I$1,66498%Property Taxes$714%Insurance$1227%Management$16910%CapEx$855%Vacancy$1016%Maintenance$855%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,539

Downpayment

20%

$67,180

Closing costs

1%

$3,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,691

Total Expenses

$2,297

Mortgage P&I

98%

$1,664

Property Taxes

4%

$71

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$101

Maintenance

5%

$85

Other

0%

$0

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