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$1,992 (target)

151 Elsmore Blvd, Gadsden, AL 35904

3 beds • 2 baths • 1831 sqft

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This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $62,226 initial cash invested.

0.85%

Cash On Cash

7.09%

Cap Rate

1.11

DSCR

$1,992

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,992 income − $1,948 expenses = $44 cash flow

Income$1,992Mortgage P&I$1,12156%Property Taxes$744%Insurance$754%Management$23912%CapEx$804%Vacancy$603%Maintenance$804%Other$21911%Cash Flow$44

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,226

Downpayment

20%

$42,120

Closing costs

1%

$2,106

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,992

Total Expenses

$1,948

Mortgage P&I

56%

$1,121

Property Taxes

4%

$74

Home Insurance

4%

$75

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

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