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$1,923 (target)

1498 Vineland Dr, Jasper, AL 35501

3 beds • 2.5 baths • 1620 sqft

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This property might be a fair Mid-Term investment with a projected 2.94% first-year return on $57,921 initial cash invested.

2.94%

Cash On Cash

7.87%

Cap Rate

1.21

DSCR

$1,923

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,923 income − $1,781 expenses = $142 cash flow

Income$1,923Mortgage P&I$1,02753%Property Taxes$332%Insurance$663%Management$23112%CapEx$774%Vacancy$583%Maintenance$774%Other$21211%Cash Flow$142

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,921

Downpayment

20%

$38,020

Closing costs

1%

$1,901

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,923

Total Expenses

$1,781

Mortgage P&I

53%

$1,027

Property Taxes

2%

$33

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$231

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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