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$2,498 (target)

3636 Rice Mine Rd NE, Tuscaloosa, AL 35406

3 beds • 2 baths • 1561 sqft

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This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $76,086 initial cash invested.

1.04%

Cash On Cash

6.81%

Cap Rate

1.12

DSCR

$2,498

Rent

$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $2,432 expenses = $66 cash flow

Income$2,498Mortgage P&I$1,40456%Property Taxes$783%Insurance$1004%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$66

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,086

Downpayment

20%

$55,320

Closing costs

1%

$2,766

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$2,432

Mortgage P&I

56%

$1,404

Property Taxes

3%

$78

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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