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$2,548 (target)

117 Fairlane Dr, Pleasant Grove, AL 35127

3 beds • 2 baths • 1440 sqft

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This property could be a profitable Mid-Term investment with a projected 16.73% first-year return on $49,479 initial cash invested.

16.73%

Cash On Cash

12.88%

Cap Rate

1.97

DSCR

$2,548

Rent

$690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $1,858 expenses = $690 cash flow

Income$2,548Mortgage P&I$81732%Property Taxes$1235%Insurance$522%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$690

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$1,858

Mortgage P&I

32%

$817

Property Taxes

5%

$123

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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