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$2,175 (target)

713 11th St, Pleasant Grove, AL 35127

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 5.91% first-year return on $55,842 initial cash invested.

5.91%

Cash On Cash

8.99%

Cap Rate

1.37

DSCR

$2,175

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,175 income − $1,900 expenses = $275 cash flow

Income$2,175Mortgage P&I$98845%Property Taxes$1125%Insurance$613%Management$26112%CapEx$874%Vacancy$653%Maintenance$874%Other$23911%Cash Flow$275

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,842

Downpayment

20%

$36,040

Closing costs

1%

$1,802

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,175

Total Expenses

$1,900

Mortgage P&I

45%

$988

Property Taxes

5%

$112

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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