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2988 Cottage Knoll Dr, Mobile, AL 36695

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -4.23% first-year return on $49,350 initial cash invested.

-4.23%

Cash On Cash

5.84%

Cap Rate

0.93

DSCR

$1,641

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,641

Total Expenses

$1,815

Mortgage P&I

75%

$1,235

Property Taxes

4%

$70

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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