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$3,706 (target)

2286 Russet Meadows Ter, Birmingham, AL 35244

3 beds • 2 baths • 1531 sqft

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This property could be a profitable Mid-Term investment with a projected 12.48% first-year return on $78,165 initial cash invested.

12.48%

Cash On Cash

9.97%

Cap Rate

1.68

DSCR

$3,706

Rent

$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,706 income − $2,893 expenses = $813 cash flow

Income$3,706Mortgage P&I$1,41938%Property Taxes$993%Insurance$1083%HOA$7Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%Cash Flow$813

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,165

Downpayment

20%

$57,300

Closing costs

1%

$2,865

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,706

Total Expenses

$2,893

Mortgage P&I

38%

$1,419

Property Taxes

3%

$99

Home Insurance

3%

$108

HOA

0%

$7

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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