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$1,731 (target)

1316 66th St W, Birmingham, AL 35228

3 beds • 2 baths • 1130 sqft

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This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $50,550 initial cash invested.

2.73%

Cash On Cash

8%

Cap Rate

1.22

DSCR

$1,731

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,731 income − $1,616 expenses = $115 cash flow

Income$1,731Mortgage P&I$84949%Property Taxes$1257%Insurance$543%Management$20812%CapEx$694%Vacancy$523%Maintenance$694%Other$19011%Cash Flow$115

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,731

Total Expenses

$1,616

Mortgage P&I

49%

$849

Property Taxes

7%

$125

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$208

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$190

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