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$3,856 (target)

103 Chase Creek Ter, Pelham, AL 35124

3 beds • 3 baths • 2124 sqft

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This property might be a fair Mid-Term investment with a projected 3.73% first-year return on $99,165 initial cash invested.

3.73%

Cash On Cash

7.41%

Cap Rate

1.24

DSCR

$3,856

Rent

$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,856 income − $3,548 expenses = $308 cash flow

Income$3,856Mortgage P&I$1,92450%Property Taxes$1684%Insurance$1454%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$308

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,165

Downpayment

20%

$77,300

Closing costs

1%

$3,865

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,856

Total Expenses

$3,548

Mortgage P&I

50%

$1,924

Property Taxes

4%

$168

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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