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$2,004 (target)

6815 Ridgeline Way, Pinson, AL 35126

3 beds • 2 baths • 1121 sqft

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This property looks like a bad Mid-Term investment with a projected -1.49% first-year return on $62,100 initial cash invested.

-1.49%

Cash On Cash

6.74%

Cap Rate

1

DSCR

$2,004

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,004 income − $2,081 expenses = $77 out of pocket

Income$2,004Out of Pocket$77Mortgage P&I$1,17759%Property Taxes$1507%Insurance$744%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,004

Total Expenses

$2,081

Mortgage P&I

59%

$1,177

Property Taxes

7%

$150

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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