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$2,714 (target)

1083 Pilgrim Ln, Montevallo, AL 35115

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $82,869 initial cash invested.

-0.23%

Cash On Cash

6.37%

Cap Rate

1.06

DSCR

$2,714

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $2,730 expenses = $16 out of pocket

Income$2,714Out of Pocket$16Mortgage P&I$1,54757%Property Taxes$1265%Insurance$1084%HOA$251%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,869

Downpayment

20%

$61,780

Closing costs

1%

$3,089

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,714

Total Expenses

$2,730

Mortgage P&I

57%

$1,547

Property Taxes

5%

$126

Home Insurance

4%

$108

HOA

1%

$25

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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