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$1,794 (target)

1503 W Adams Ave, Enterprise, AL 36330

3 beds • 2 baths • 1253 sqft

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This property might be a fair Mid-Term investment with a projected 8.91% first-year return on $47,820 initial cash invested.

8.91%

Cash On Cash

10.07%

Cap Rate

1.56

DSCR

$1,794

Rent

$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,794 income − $1,439 expenses = $355 cash flow

Income$1,794Mortgage P&I$76543%Property Taxes$141%Insurance$503%Management$21512%CapEx$724%Vacancy$543%Maintenance$724%Other$19711%Cash Flow$355

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,820

Downpayment

20%

$28,400

Closing costs

1%

$1,420

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,794

Total Expenses

$1,439

Mortgage P&I

43%

$765

Property Taxes

1%

$14

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$215

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$197

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