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$2,764 (target)

20 Sydney Dr, Scottsboro, AL 35769

3 beds • 2 baths • 1459 sqft

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This property might be a fair Mid-Term investment with a projected 7.18% first-year return on $71,067 initial cash invested.

7.18%

Cash On Cash

8.5%

Cap Rate

1.43

DSCR

$2,764

Rent

$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,764 income − $2,339 expenses = $425 cash flow

Income$2,764Mortgage P&I$1,25445%Property Taxes$532%Insurance$913%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$425

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,067

Downpayment

20%

$50,540

Closing costs

1%

$2,527

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,764

Total Expenses

$2,339

Mortgage P&I

45%

$1,254

Property Taxes

2%

$53

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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