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$2,852 (target)

1473 Alexander Ct, Alabaster, AL 35007

3 beds • 3 baths • 2018 sqft

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This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $81,924 initial cash invested.

1.45%

Cash On Cash

6.94%

Cap Rate

1.14

DSCR

$2,852

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $2,753 expenses = $99 cash flow

Income$2,852Mortgage P&I$1,54854%Property Taxes$1274%Insurance$1084%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$99

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,924

Downpayment

20%

$60,880

Closing costs

1%

$3,044

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$2,753

Mortgage P&I

54%

$1,548

Property Taxes

4%

$127

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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