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$2,512 (target)

2811 32nd St, Northport, AL 35476

3 beds • 2 baths • 1542 sqft

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This property looks like a bad Mid-Term investment with a projected -3.11% first-year return on $81,000 initial cash invested.

-3.11%

Cash On Cash

6.27%

Cap Rate

0.93

DSCR

$2,512

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $2,722 expenses = $210 out of pocket

Income$2,512Out of Pocket$210Mortgage P&I$1,67767%Property Taxes$884%Insurance$1054%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$2,722

Mortgage P&I

67%

$1,677

Property Taxes

4%

$88

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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