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$2,304 (target)

1901 28th Ave, Tuscaloosa, AL 35401

3 beds • 2 baths • 1422 sqft

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This property might be a fair Mid-Term investment with a projected 9.52% first-year return on $54,834 initial cash invested.

9.52%

Cash On Cash

10.11%

Cap Rate

1.55

DSCR

$2,304

Rent

$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $1,869 expenses = $435 cash flow

Income$2,304Mortgage P&I$95141%Property Taxes$733%Insurance$633%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$435

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,834

Downpayment

20%

$35,080

Closing costs

1%

$1,754

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$1,869

Mortgage P&I

41%

$951

Property Taxes

3%

$73

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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