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$2,268 (target)

83 Fairoak Rd, Ashville, AL 35953

3 beds • 2 baths • 1800 sqft

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This property could be a profitable Mid-Term investment with a projected 18.31% first-year return on $47,190 initial cash invested.

18.31%

Cash On Cash

13.17%

Cap Rate

2.13

DSCR

$2,268

Rent

$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $1,548 expenses = $720 cash flow

Income$2,268Mortgage P&I$71532%Property Taxes$271%Insurance$352%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$720

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,268

Total Expenses

$1,548

Mortgage P&I

32%

$715

Property Taxes

1%

$27

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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