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$1,657 (target)

230 County Road 482, Hanceville, AL 35077

3 beds • 2 baths • 1874 sqft

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This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $80,766 initial cash invested.

-13.52%

Cash On Cash

3.41%

Cap Rate

0.57

DSCR

$1,657

Rent

-$910

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,657 income − $2,567 expenses = $910 out of pocket

Income$1,657Out of Pocket$910Mortgage P&I$1,920116%Property Taxes$765%Insurance$1408%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,766

Downpayment

20%

$76,920

Closing costs

1%

$3,846

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,657

Total Expenses

$2,567

Mortgage P&I

116%

$1,920

Property Taxes

5%

$76

Home Insurance

8%

$140

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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