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1413 2nd St NE, Arab, AL 35016

3 beds • 2 baths • 1287 sqft

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This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $58,194 initial cash invested.

0.29%

Cash On Cash

6.9%

Cap Rate

1.08

DSCR

$1,731

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,194

Downpayment

20%

$38,280

Closing costs

1%

$1,914

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,731

Total Expenses

$1,717

Mortgage P&I

59%

$1,018

Property Taxes

2%

$41

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$208

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$190

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