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$4,148 (target)

6507 Quail Run Dr, Pelham, AL 35124

3 beds • 2 baths • 2933 sqft

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This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $106k initial cash invested.

2.88%

Cash On Cash

7.44%

Cap Rate

1.19

DSCR

$4,148

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,148 income − $3,894 expenses = $254 cash flow

Income$4,148Mortgage P&I$2,17052%Property Taxes$1574%Insurance$1574%Management$49812%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$254

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,600

Closing costs

1%

$4,180

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,148

Total Expenses

$3,894

Mortgage P&I

52%

$2,170

Property Taxes

4%

$157

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$498

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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