REI Lense

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$1,404 (target)

823 Arad Thompson Rd NE, Arab, AL 35016

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $43,176 initial cash invested.

-5.17%

Cash On Cash

5.79%

Cap Rate

0.9

DSCR

$1,404

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,404 income − $1,590 expenses = $186 out of pocket

Income$1,404Out of Pocket$186Mortgage P&I$1,10879%Property Taxes$483%Insurance$705%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,176

Downpayment

20%

$41,120

Closing costs

1%

$2,056

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,404

Total Expenses

$1,590

Mortgage P&I

79%

$1,108

Property Taxes

3%

$48

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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