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$3,831 (target)

3513 McGehee Place Ct, Montgomery, AL 36111

3 beds • 3 baths • 2532 sqft

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This property could be a profitable Mid-Term investment with a projected 13.96% first-year return on $77,115 initial cash invested.

13.96%

Cash On Cash

10.42%

Cap Rate

1.75

DSCR

$3,831

Rent

$897

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,831 income − $2,934 expenses = $897 cash flow

Income$3,831Mortgage P&I$1,39536%Property Taxes$1143%Insurance$1023%HOA$211%Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%Cash Flow$897

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,115

Downpayment

20%

$56,300

Closing costs

1%

$2,815

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,831

Total Expenses

$2,934

Mortgage P&I

36%

$1,395

Property Taxes

3%

$114

Home Insurance

3%

$102

HOA

1%

$21

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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