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$3,268 (target)

17379 Abingdon Ln, Fairhope, AL 36532

3 beds • 2 baths • 1578 sqft

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This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $86,040 initial cash invested.

4.38%

Cash On Cash

7.69%

Cap Rate

1.27

DSCR

$3,268

Rent

$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,268 income − $2,954 expenses = $314 cash flow

Income$3,268Mortgage P&I$1,63250%Property Taxes$732%Insurance$1133%HOA$251%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$314

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,268

Total Expenses

$2,954

Mortgage P&I

50%

$1,632

Property Taxes

2%

$73

Home Insurance

3%

$113

HOA

1%

$25

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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