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1084 Saddle Creek Pkwy, Birmingham, AL 35242

3 beds • 2 baths • 2281 sqft

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This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $105k initial cash invested.

0.62%

Cash On Cash

6.54%

Cap Rate

1.1

DSCR

$3,867

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,080

Closing costs

1%

$4,154

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,867

Total Expenses

$3,813

Mortgage P&I

53%

$2,054

Property Taxes

7%

$270

Home Insurance

4%

$149

HOA

1%

$25

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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