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$2,872 (target)

3693 County Road 329, Wedowee, AL 36278

3 beds • 2 baths • 1738 sqft

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This property looks like a bad Mid-Term investment with a projected -0.58% first-year return on $89,190 initial cash invested.

-0.58%

Cash On Cash

6.47%

Cap Rate

1.04

DSCR

$2,872

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,872 income − $2,915 expenses = $43 out of pocket

Income$2,872Out of Pocket$43Mortgage P&I$1,75761%Property Taxes$622%Insurance$1194%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,872

Total Expenses

$2,915

Mortgage P&I

61%

$1,757

Property Taxes

2%

$62

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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