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$3,620 (target)

13209 New Foal Ln NW, Madison, AL 35756

3 beds • 2 baths • 1683 sqft

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This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $86,250 initial cash invested.

5.57%

Cash On Cash

8.4%

Cap Rate

1.32

DSCR

$3,620

Rent

$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,620 income − $3,220 expenses = $400 cash flow

Income$3,620Mortgage P&I$1,73048%Property Taxes$1033%Insurance$1143%HOA$421%Management$43412%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39811%Cash Flow$400

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,620

Total Expenses

$3,220

Mortgage P&I

48%

$1,730

Property Taxes

3%

$103

Home Insurance

3%

$114

HOA

1%

$42

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$398

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