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$1,819 (target)

2372 Old Gurley Pike, New Hope, AL 35760

3 beds • 3 baths • 2415 sqft

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This property looks like a bad Long-Term investment with a projected -1.85% first-year return on $56,574 initial cash invested.

-1.85%

Cash On Cash

5.96%

Cap Rate

1

DSCR

$1,819

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,819 income − $1,906 expenses = $87 out of pocket

Income$1,819Out of Pocket$87Mortgage P&I$1,33573%Property Taxes$3Insurance$955%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,574

Downpayment

20%

$53,880

Closing costs

1%

$2,694

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,819

Total Expenses

$1,906

Mortgage P&I

73%

$1,335

Property Taxes

0%

$3

Home Insurance

5%

$95

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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