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$3,051 (target)

1053 Armstrong Loop, Hayden, AL 35079

3 beds • 3 baths • 2488 sqft

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This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $85,998 initial cash invested.

1.74%

Cash On Cash

7.16%

Cap Rate

1.15

DSCR

$3,051

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,051 income − $2,926 expenses = $125 cash flow

Income$3,051Mortgage P&I$1,68655%Property Taxes$883%Insurance$1144%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$125

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,998

Downpayment

20%

$64,760

Closing costs

1%

$3,238

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,051

Total Expenses

$2,926

Mortgage P&I

55%

$1,686

Property Taxes

3%

$88

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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