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$2,661 (target)

12 Sommerset Ct, Phenix City, AL 36869

3 beds • 2 baths • 1407 sqft

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This property might be a fair Mid-Term investment with a projected 7.97% first-year return on $65,838 initial cash invested.

7.97%

Cash On Cash

9.37%

Cap Rate

1.44

DSCR

$2,661

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,661 income − $2,224 expenses = $437 cash flow

Income$2,661Mortgage P&I$1,23646%Property Taxes$4Insurance$803%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%Cash Flow$437

Investment Breakdown

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Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,838

Downpayment

20%

$45,560

Closing costs

1%

$2,278

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,661

Total Expenses

$2,224

Mortgage P&I

46%

$1,236

Property Taxes

0%

$4

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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