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$2,264 (target)

933 Edwards Ave, Fairhope, AL 36532

3 beds • 3 baths • 2793 sqft

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This property could be a profitable Long-Term investment with a projected 62.17% first-year return on $21,000 initial cash invested.

62.17%

Cash On Cash

20.69%

Cap Rate

3.3

DSCR

$2,264

Rent

$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,264 income − $1,176 expenses = $1,088 cash flow

Income$2,264Mortgage P&I$52323%Property Taxes$301%Insurance$352%Management$22610%CapEx$1135%Vacancy$1366%Maintenance$1135%Cash Flow$1,088

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,264

Total Expenses

$1,176

Mortgage P&I

23%

$523

Property Taxes

1%

$30

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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