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$2,090 (target)

2309 Kristie Lea Dr, Dothan, AL 36303

3 beds • 2 baths • 1485 sqft

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This property could be a profitable Mid-Term investment with a projected 24.44% first-year return on $39,080 initial cash invested.

24.44%

Cash On Cash

16.78%

Cap Rate

2.68

DSCR

$2,090

Rent

$796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,090 income − $1,294 expenses = $796 cash flow

Income$2,090Mortgage P&I$52425%Property Taxes$231%Insurance$352%Management$25112%CapEx$844%Vacancy$633%Maintenance$844%Other$23011%Cash Flow$796

Investment Breakdown

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Purchase Price

$100k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,080

Downpayment

20%

$20,076

Closing costs

1%

$1,004

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,090

Total Expenses

$1,294

Mortgage P&I

25%

$524

Property Taxes

1%

$23

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

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