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$3,396 (target)

933 Edwards Ave, Fairhope, AL 36532

3 beds • 3 baths • 2793 sqft

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This property could be a profitable Mid-Term investment with a projected 50.83% first-year return on $39,000 initial cash invested.

50.83%

Cash On Cash

27.73%

Cap Rate

4.42

DSCR

$3,396

Rent

$1,652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $1,744 expenses = $1,652 cash flow

Income$3,396Mortgage P&I$52315%Property Taxes$301%Insurance$351%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$1,652

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$1,744

Mortgage P&I

15%

$523

Property Taxes

1%

$30

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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