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$3,135 (target)

1816 Apache Way, Alabaster, AL 35007

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 5.11% first-year return on $79,656 initial cash invested.

5.11%

Cash On Cash

8.12%

Cap Rate

1.3

DSCR

$3,135

Rent

$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,135 income − $2,796 expenses = $339 cash flow

Income$3,135Mortgage P&I$1,52249%Property Taxes$1043%Insurance$1053%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$339

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,656

Downpayment

20%

$58,720

Closing costs

1%

$2,936

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,135

Total Expenses

$2,796

Mortgage P&I

49%

$1,522

Property Taxes

3%

$104

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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