REI Lense

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$2,455 (target)

935 McVille Rd, Boaz, AL 35957

3 beds • 3 baths • 2619 sqft

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This property might be a fair Long-Term investment with a projected 5.84% first-year return on $54,831 initial cash invested.

5.84%

Cash On Cash

8.28%

Cap Rate

1.28

DSCR

$2,455

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,455 income − $2,188 expenses = $267 cash flow

Income$2,455Mortgage P&I$1,41157%Property Taxes$683%Insurance$703%Management$24610%CapEx$1235%Vacancy$1476%Maintenance$1235%Cash Flow$267

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,831

Downpayment

20%

$52,220

Closing costs

1%

$2,611

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,455

Total Expenses

$2,188

Mortgage P&I

57%

$1,411

Property Taxes

3%

$68

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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