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$3,378 (target)

210 Madix Dr, Eclectic, AL 36024

3 beds • 2 baths • 1694 sqft

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This property might be a fair Mid-Term investment with a projected 5.87% first-year return on $86,229 initial cash invested.

5.87%

Cash On Cash

8%

Cap Rate

1.35

DSCR

$3,378

Rent

$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $2,956 expenses = $422 cash flow

Income$3,378Mortgage P&I$1,61048%Property Taxes$842%Insurance$1143%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$422

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,378

Total Expenses

$2,956

Mortgage P&I

48%

$1,610

Property Taxes

2%

$84

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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