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$2,889 (target)

103 Smokey Quartz Dr, Madison, AL 35757

3 beds • 3 baths • 1853 sqft

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This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $82,218 initial cash invested.

2.54%

Cash On Cash

7.26%

Cap Rate

1.19

DSCR

$2,889

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $2,715 expenses = $174 cash flow

Income$2,889Mortgage P&I$1,55954%Property Taxes$642%Insurance$1084%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$174

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,218

Downpayment

20%

$61,160

Closing costs

1%

$3,058

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$2,715

Mortgage P&I

54%

$1,559

Property Taxes

2%

$64

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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