REI Lense

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$3,174 (target)

928 Central Rd, Eclectic, AL 36024

3 beds • 2 baths • 2043 sqft

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This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $90,849 initial cash invested.

2.19%

Cash On Cash

6.96%

Cap Rate

1.17

DSCR

$3,174

Rent

$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,174 income − $3,008 expenses = $166 cash flow

Income$3,174Mortgage P&I$1,71854%Property Taxes$903%Insurance$1214%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$166

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,849

Downpayment

20%

$69,380

Closing costs

1%

$3,469

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,174

Total Expenses

$3,008

Mortgage P&I

54%

$1,718

Property Taxes

3%

$90

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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