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$2,584 (target)

124 Fuller Dr, Meridianville, AL 35759

3 beds • 2 baths • 1620 sqft

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This property might be a fair Mid-Term investment with a projected 1.68% first-year return on $78,690 initial cash invested.

1.68%

Cash On Cash

6.98%

Cap Rate

1.15

DSCR

$2,584

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,584 income − $2,474 expenses = $110 cash flow

Income$2,584Mortgage P&I$1,46757%Property Taxes$281%Insurance$1014%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%Cash Flow$110

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,584

Total Expenses

$2,474

Mortgage P&I

57%

$1,467

Property Taxes

1%

$28

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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