REI Lense

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$1,512 (target)

83 Fairoak Rd, Ashville, AL 35953

3 beds • 2 baths • 1800 sqft

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This property could be a profitable Long-Term investment with a projected 14.02% first-year return on $29,190 initial cash invested.

14.02%

Cash On Cash

9.77%

Cap Rate

1.58

DSCR

$1,512

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,512 income − $1,171 expenses = $341 cash flow

Income$1,512Mortgage P&I$71547%Property Taxes$272%Insurance$352%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$341

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,512

Total Expenses

$1,171

Mortgage P&I

47%

$715

Property Taxes

2%

$27

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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