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$3,344 (target)

3815 Frontier St, Northport, AL 35475

3 beds • 3 baths • 2103 sqft

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This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $91,773 initial cash invested.

2.12%

Cash On Cash

7.22%

Cap Rate

1.16

DSCR

$3,344

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,344 income − $3,182 expenses = $162 cash flow

Income$3,344Mortgage P&I$1,81954%Property Taxes$1003%Insurance$1264%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%Cash Flow$162

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,344

Total Expenses

$3,182

Mortgage P&I

54%

$1,819

Property Taxes

3%

$100

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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