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$3,933 (target)

125 Cedar Cove Dr, Pelham, AL 35124

3 beds • 3 baths • 2169 sqft

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This property might be a fair Mid-Term investment with a projected 8.43% first-year return on $89,673 initial cash invested.

8.43%

Cash On Cash

8.72%

Cap Rate

1.46

DSCR

$3,933

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,933 income − $3,303 expenses = $630 cash flow

Income$3,933Mortgage P&I$1,69343%Property Taxes$1514%Insurance$1223%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43311%Cash Flow$630

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,673

Downpayment

20%

$68,260

Closing costs

1%

$3,413

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,933

Total Expenses

$3,303

Mortgage P&I

43%

$1,693

Property Taxes

4%

$151

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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