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$3,662 (target)

1405 Belmont Ln, Helena, AL 35080

3 beds • 3 baths • 2244 sqft

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This property might be a fair Mid-Term investment with a projected 4.11% first-year return on $93,516 initial cash invested.

4.11%

Cash On Cash

7.67%

Cap Rate

1.25

DSCR

$3,662

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,662 income − $3,342 expenses = $320 cash flow

Income$3,662Mortgage P&I$1,83350%Property Taxes$1364%Insurance$1294%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40311%Cash Flow$320

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,516

Downpayment

20%

$71,920

Closing costs

1%

$3,596

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,662

Total Expenses

$3,342

Mortgage P&I

50%

$1,833

Property Taxes

4%

$136

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$403

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