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$2,410 (target)

11483 Jace Ave, Vance, AL 35490

3 beds • 2 baths • 1198 sqft

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This property might be a fair Mid-Term investment with a projected 6.98% first-year return on $59,790 initial cash invested.

6.98%

Cash On Cash

9.41%

Cap Rate

1.4

DSCR

$2,410

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,410 income − $2,062 expenses = $348 cash flow

Income$2,410Mortgage P&I$1,11646%Property Taxes$582%Insurance$703%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$348

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,410

Total Expenses

$2,062

Mortgage P&I

46%

$1,116

Property Taxes

2%

$58

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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