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$2,770 (target)

18707 Leon Wiggins Rd, Andalusia, AL 36420

3 beds • 2 baths • 1896 sqft

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This property looks like a bad Mid-Term investment with a projected -5.89% first-year return on $109k initial cash invested.

-5.89%

Cash On Cash

4.81%

Cap Rate

0.8

DSCR

$2,770

Rent

-$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $3,307 expenses = $537 out of pocket

Income$2,770Out of Pocket$537Mortgage P&I$2,17178%Property Taxes$422%Insurance$1525%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$3,307

Mortgage P&I

78%

$2,171

Property Taxes

2%

$42

Home Insurance

5%

$152

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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