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$2,142 (target)

17651 Wallace Chapel Ln, Vance, AL 35490

3 beds • 2 baths • 1060 sqft

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This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $58,866 initial cash invested.

4.12%

Cash On Cash

8.35%

Cap Rate

1.27

DSCR

$2,142

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $1,940 expenses = $202 cash flow

Income$2,142Mortgage P&I$1,06650%Property Taxes$784%Insurance$673%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%Cash Flow$202

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,866

Downpayment

20%

$38,920

Closing costs

1%

$1,946

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,142

Total Expenses

$1,940

Mortgage P&I

50%

$1,066

Property Taxes

4%

$78

Home Insurance

3%

$67

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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