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$2,292 (target)

100 Cindy Dr, New Market, AL 35761

3 beds • 2 baths • 1050 sqft

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This property might be a fair Mid-Term investment with a projected 7.04% first-year return on $57,249 initial cash invested.

7.04%

Cash On Cash

9.36%

Cap Rate

1.42

DSCR

$2,292

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,292 income − $1,956 expenses = $336 cash flow

Income$2,292Mortgage P&I$1,03045%Property Taxes$743%Insurance$723%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$336

Investment Breakdown

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Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,249

Downpayment

20%

$37,380

Closing costs

1%

$1,869

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,292

Total Expenses

$1,956

Mortgage P&I

45%

$1,030

Property Taxes

3%

$74

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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