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$1,998 (target)

12693 Charles Taylor Rd, Vance, AL 35490

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $62,373 initial cash invested.

1.54%

Cash On Cash

7.34%

Cap Rate

1.14

DSCR

$1,998

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,998 income − $1,918 expenses = $80 cash flow

Income$1,998Mortgage P&I$1,13357%Property Taxes$302%Insurance$754%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$80

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,373

Downpayment

20%

$42,260

Closing costs

1%

$2,113

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,998

Total Expenses

$1,918

Mortgage P&I

57%

$1,133

Property Taxes

2%

$30

Home Insurance

4%

$75

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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