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$3,682 (target)

1316 Shades Ter, Irondale, AL 35210

3 beds • 2 baths • 1426 sqft

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This property might be a fair Mid-Term investment with a projected 1.35% first-year return on $101k initial cash invested.

1.35%

Cash On Cash

6.77%

Cap Rate

1.13

DSCR

$3,682

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,682 income − $3,569 expenses = $113 cash flow

Income$3,682Mortgage P&I$1,96453%Property Taxes$1935%Insurance$1364%HOA$251%Management$44212%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40511%Cash Flow$113

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,800

Closing costs

1%

$3,940

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,682

Total Expenses

$3,569

Mortgage P&I

53%

$1,964

Property Taxes

5%

$193

Home Insurance

4%

$136

HOA

1%

$25

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$405

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