REI Lense

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$2,193 (target)

809 Montgomery Ave, Sheffield, AL 35660

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Mid-Term investment with a projected -2.99% first-year return on $78,207 initial cash invested.

-2.99%

Cash On Cash

5.77%

Cap Rate

0.93

DSCR

$2,193

Rent

-$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $2,388 expenses = $195 out of pocket

Income$2,193Out of Pocket$195Mortgage P&I$1,48668%Property Taxes$512%Insurance$1055%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,207

Downpayment

20%

$57,340

Closing costs

1%

$2,867

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$2,388

Mortgage P&I

68%

$1,486

Property Taxes

2%

$51

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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