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$2,360 (target)

279 Lazy Oak Dr, New Market, AL 35761

3 beds • 2 baths • 1303 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $71,025 initial cash invested.

0.57%

Cash On Cash

6.82%

Cap Rate

1.1

DSCR

$2,360

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,360 income − $2,326 expenses = $34 cash flow

Income$2,360Mortgage P&I$1,30755%Property Taxes$1285%Insurance$894%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$26011%Cash Flow$34

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,025

Downpayment

20%

$50,500

Closing costs

1%

$2,525

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,360

Total Expenses

$2,326

Mortgage P&I

55%

$1,307

Property Taxes

5%

$128

Home Insurance

4%

$89

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$260

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