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$2,986 (target)

221 Vetavia St, Irondale, AL 35210

3 beds • 2 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $84,990 initial cash invested.

1.47%

Cash On Cash

6.84%

Cap Rate

1.14

DSCR

$2,986

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,882 expenses = $104 cash flow

Income$2,986Mortgage P&I$1,59453%Property Taxes$1625%Insurance$1124%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$104

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,882

Mortgage P&I

53%

$1,594

Property Taxes

5%

$162

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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