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$2,964 (target)

681 Beignet Dr, Foley, AL 36535

3 beds • 2 baths • 1771 sqft

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This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $81,546 initial cash invested.

2.53%

Cash On Cash

7.1%

Cap Rate

1.19

DSCR

$2,964

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,964 income − $2,792 expenses = $172 cash flow

Income$2,964Mortgage P&I$1,49951%Property Taxes$1595%Insurance$1084%HOA$171%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$172

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,546

Downpayment

20%

$60,520

Closing costs

1%

$3,026

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,964

Total Expenses

$2,792

Mortgage P&I

51%

$1,499

Property Taxes

5%

$159

Home Insurance

4%

$108

HOA

1%

$17

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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