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$2,188 (target)

831 County Road 38, Florence, AL 35634

3 beds • 2 baths • 1635 sqft

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This property could be a profitable Mid-Term investment with a projected 10.7% first-year return on $51,789 initial cash invested.

10.7%

Cash On Cash

10.35%

Cap Rate

1.66

DSCR

$2,188

Rent

$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $1,726 expenses = $462 cash flow

Income$2,188Mortgage P&I$83838%Property Taxes$482%Insurance$944%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$462

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,789

Downpayment

20%

$32,180

Closing costs

1%

$1,609

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$1,726

Mortgage P&I

38%

$838

Property Taxes

2%

$48

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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