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$2,126 (target)

5249 Balboa Ave, Pinson, AL 35126

3 beds • 2 baths • 1302 sqft

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This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $63,570 initial cash invested.

1.19%

Cash On Cash

7.37%

Cap Rate

1.12

DSCR

$2,126

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $2,063 expenses = $63 cash flow

Income$2,126Mortgage P&I$1,18456%Property Taxes$794%Insurance$774%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23411%Cash Flow$63

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,570

Downpayment

20%

$43,400

Closing costs

1%

$2,170

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$2,063

Mortgage P&I

56%

$1,184

Property Taxes

4%

$79

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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