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$1,917 (target)

4699 County Road 14, Midland City, AL 36350

3 beds • 2 baths • 1277 sqft

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This property might be a fair Mid-Term investment with a projected 9.08% first-year return on $49,185 initial cash invested.

9.08%

Cash On Cash

10.17%

Cap Rate

1.55

DSCR

$1,917

Rent

$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $1,545 expenses = $372 cash flow

Income$1,917Mortgage P&I$81042%Property Taxes$261%Insurance$563%Management$23012%CapEx$774%Vacancy$583%Maintenance$774%Other$21111%Cash Flow$372

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,185

Downpayment

20%

$29,700

Closing costs

1%

$1,485

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,917

Total Expenses

$1,545

Mortgage P&I

42%

$810

Property Taxes

1%

$26

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$211

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