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$3,338 (target)

1257 County Road 62, Bremen, AL 35033

3 beds • 2 baths • 2404 sqft

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This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $87,258 initial cash invested.

3.84%

Cash On Cash

7.7%

Cap Rate

1.24

DSCR

$3,338

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $3,059 expenses = $279 cash flow

Income$3,338Mortgage P&I$1,70251%Property Taxes$1043%Insurance$1174%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$279

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,258

Downpayment

20%

$65,960

Closing costs

1%

$3,298

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$3,059

Mortgage P&I

51%

$1,702

Property Taxes

3%

$104

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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