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$4,034 (target)

1622 3rd Ave, Tuscaloosa, AL 35401

3 beds • 3 baths • 1694 sqft

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This property could be a profitable Mid-Term investment with a projected 12.8% first-year return on $78,375 initial cash invested.

12.8%

Cash On Cash

10.87%

Cap Rate

1.62

DSCR

$4,034

Rent

$836

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,034 income − $3,198 expenses = $836 cash flow

Income$4,034Mortgage P&I$1,60740%Property Taxes$1193%Insurance$1013%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%Cash Flow$836

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,375

Downpayment

20%

$57,500

Closing costs

1%

$2,875

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,034

Total Expenses

$3,198

Mortgage P&I

40%

$1,607

Property Taxes

3%

$119

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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