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$2,714 (target)

380 County Road 244, Fort Payne, AL 35968

3 beds • 2 baths • 1526 sqft

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This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $67,539 initial cash invested.

6.04%

Cash On Cash

8.79%

Cap Rate

1.35

DSCR

$2,714

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $2,374 expenses = $340 cash flow

Income$2,714Mortgage P&I$1,27947%Property Taxes$883%Insurance$833%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$340

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,714

Total Expenses

$2,374

Mortgage P&I

47%

$1,279

Property Taxes

3%

$88

Home Insurance

3%

$83

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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