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$2,322 (target)

2804 10th St NE, Birmingham, AL 35215

3 beds • 2 baths • 2646 sqft

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This property could be a profitable Mid-Term investment with a projected 10.23% first-year return on $52,650 initial cash invested.

10.23%

Cash On Cash

10.47%

Cap Rate

1.6

DSCR

$2,322

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $1,873 expenses = $449 cash flow

Income$2,322Mortgage P&I$89739%Property Taxes$1286%Insurance$582%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$449

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$1,873

Mortgage P&I

39%

$897

Property Taxes

6%

$128

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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