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909 9th St SE, Decatur, AL 35601

2 beds • 1 baths • 1230 sqft

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This property looks like a bad Long-Term investment with a projected -6.55% first-year return on $38,829 initial cash invested.

-6.55%

Cash On Cash

5.36%

Cap Rate

0.84

DSCR

$1,170

Rent

-$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,170

Total Expenses

$1,382

Mortgage P&I

84%

$980

Property Taxes

3%

$34

Home Insurance

6%

$65

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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Comparable Property

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SQFT

Distance

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1

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4

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$1,100

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1

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0.9 mi

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$2,850

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4

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