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$1,702 (target)

2902 Waterford Blvd, Opelika, AL 36804

3 beds • 2 baths • 1276 sqft

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This property looks like a bad Long-Term investment with a projected -5.88% first-year return on $50,211 initial cash invested.

-5.88%

Cash On Cash

5.76%

Cap Rate

0.88

DSCR

$1,702

Rent

-$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,702 income − $1,948 expenses = $246 out of pocket

Income$1,702Out of Pocket$246Mortgage P&I$1,30977%Property Taxes$1137%Insurance$845%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,702

Total Expenses

$1,948

Mortgage P&I

77%

$1,309

Property Taxes

7%

$113

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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