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$2,584 (target)

11703 Benton Ave, Northport, AL 35475

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $71,424 initial cash invested.

4.33%

Cash On Cash

7.71%

Cap Rate

1.28

DSCR

$2,584

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,584 income − $2,326 expenses = $258 cash flow

Income$2,584Mortgage P&I$1,27349%Property Taxes$703%Insurance$1054%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%Cash Flow$258

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,424

Downpayment

20%

$50,880

Closing costs

1%

$2,544

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,584

Total Expenses

$2,326

Mortgage P&I

49%

$1,273

Property Taxes

3%

$70

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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