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$1,440 (target)

1328 Tidmore Bend Rd, Gadsden, AL 35901

3 beds • 2 baths • 1064 sqft

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This property could be a profitable Mid-Term investment with a projected 13.54% first-year return on $36,879 initial cash invested.

13.54%

Cash On Cash

12.49%

Cap Rate

2.03

DSCR

$1,440

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,440 income − $1,024 expenses = $416 cash flow

Income$1,440Mortgage P&I$46232%Property Taxes$403%Insurance$322%Management$17312%CapEx$584%Vacancy$433%Maintenance$584%Other$15811%Cash Flow$416

Investment Breakdown

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Purchase Price

$89,900

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,440

Total Expenses

$1,024

Mortgage P&I

32%

$462

Property Taxes

3%

$40

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$173

CapEx

4%

$58

Vacancy

3%

$43

Maintenance

4%

$58

Other

11%

$158

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