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$2,184 (target)

1909 Azalea Cir SW, Decatur, AL 35601

3 beds • 2 baths • 1538 sqft

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This property might be a fair Mid-Term investment with a projected 4.55% first-year return on $61,239 initial cash invested.

4.55%

Cash On Cash

8.25%

Cap Rate

1.29

DSCR

$2,184

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $1,952 expenses = $232 cash flow

Income$2,184Mortgage P&I$1,09650%Property Taxes$392%Insurance$753%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%Cash Flow$232

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,239

Downpayment

20%

$41,180

Closing costs

1%

$2,059

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$1,952

Mortgage P&I

50%

$1,096

Property Taxes

2%

$39

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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