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$2,700 (target)

1640 Cairnbrook Dr, Montgomery, AL 36106

3 beds • 3 baths • 1838 sqft

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This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $69,492 initial cash invested.

4.7%

Cash On Cash

8.37%

Cap Rate

1.29

DSCR

$2,700

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,700 income − $2,428 expenses = $272 cash flow

Income$2,700Mortgage P&I$1,33049%Property Taxes$853%Insurance$873%HOA$8Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$272

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,492

Downpayment

20%

$49,040

Closing costs

1%

$2,452

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$2,428

Mortgage P&I

49%

$1,330

Property Taxes

3%

$85

Home Insurance

3%

$87

HOA

0%

$8

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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