REI Lense

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$1,065 (target)

828 Martinwood Ln, Birmingham, AL 35235

3 beds • 2 baths • 2600 sqft

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This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $35,238 initial cash invested.

-9.81%

Cash On Cash

4.71%

Cap Rate

0.74

DSCR

$1,065

Rent

-$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,065 income − $1,353 expenses = $288 out of pocket

Income$1,065Out of Pocket$288Mortgage P&I$89384%Property Taxes$12412%Insurance$606%Management$10610%CapEx$535%Vacancy$646%Maintenance$535%

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,238

Downpayment

20%

$33,560

Closing costs

1%

$1,678

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,065

Total Expenses

$1,353

Mortgage P&I

84%

$893

Property Taxes

12%

$124

Home Insurance

6%

$60

HOA

0%

$0

Property Management

10%

$106

CapEx

5%

$53

Vacancy

6%

$64

Maintenance

5%

$53

Other

0%

$0

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