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1321 Kentucky Ave, Gadsden, AL 35903

4 beds • 1 baths • 1942 sqft

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This property could be a profitable Long-Term investment with a projected 50.94% first-year return on $14,700 initial cash invested.

50.94%

Cash On Cash

17.86%

Cap Rate

2.98

DSCR

$1,370

Rent

$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$69,999

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$14,700

Downpayment

20%

$14,000

Closing costs

1%

$700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,370

Total Expenses

$746

Mortgage P&I

26%

$350

Property Taxes

1%

$17

Home Insurance

2%

$24

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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SQFT

Distance

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$2,850

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