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$2,560 (target)

5733 Neely Ln, Montgomery, AL 36116

3 beds • 2 baths • 1645 sqft

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This property might be a fair Mid-Term investment with a projected 6.62% first-year return on $61,407 initial cash invested.

6.62%

Cash On Cash

9.09%

Cap Rate

1.39

DSCR

$2,560

Rent

$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,221 expenses = $339 cash flow

Income$2,560Mortgage P&I$1,12444%Property Taxes$1536%Insurance$743%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$339

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,407

Downpayment

20%

$41,340

Closing costs

1%

$2,067

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,221

Mortgage P&I

44%

$1,124

Property Taxes

6%

$153

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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