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$1,720 (target)

2116 Argyle Way, Gadsden, AL 35904

3 beds • 2 baths • 1784 sqft

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This property looks like a bad Mid-Term investment with a projected -1.64% first-year return on $57,900 initial cash invested.

-1.64%

Cash On Cash

6.32%

Cap Rate

0.99

DSCR

$1,720

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,720 income − $1,799 expenses = $79 out of pocket

Income$1,720Out of Pocket$79Mortgage P&I$1,01159%Property Taxes$1378%Insurance$664%Management$20612%CapEx$694%Vacancy$523%Maintenance$694%Other$18911%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,720

Total Expenses

$1,799

Mortgage P&I

59%

$1,011

Property Taxes

8%

$137

Home Insurance

4%

$66

HOA

0%

$0

Property Management

12%

$206

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$189

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