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$1,768 (target)

150 Trudy Dr, New Hope, AL 35760

3 beds • 2 baths • 1507 sqft

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This property looks like a bad Mid-Term investment with a projected -5.74% first-year return on $69,849 initial cash invested.

-5.74%

Cash On Cash

5.14%

Cap Rate

0.8

DSCR

$1,768

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,768 income − $2,102 expenses = $334 out of pocket

Income$1,768Out of Pocket$334Mortgage P&I$1,32075%Property Taxes$935%Insurance$885%Management$21212%CapEx$714%Vacancy$533%Maintenance$714%Other$19411%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,849

Downpayment

20%

$49,380

Closing costs

1%

$2,469

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,768

Total Expenses

$2,102

Mortgage P&I

75%

$1,320

Property Taxes

5%

$93

Home Insurance

5%

$88

HOA

0%

$0

Property Management

12%

$212

CapEx

4%

$71

Vacancy

3%

$53

Maintenance

4%

$71

Other

11%

$194

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