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$1,944 (target)

1967 Forest Oaks Dr W, Mobile, AL 36618

3 beds • 2 baths • 960 sqft

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This property could be a profitable Mid-Term investment with a projected 11.86% first-year return on $46,350 initial cash invested.

11.86%

Cash On Cash

11.32%

Cap Rate

1.73

DSCR

$1,944

Rent

$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $1,486 expenses = $458 cash flow

Income$1,944Mortgage P&I$73838%Property Taxes$402%Insurance$472%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$458

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,944

Total Expenses

$1,486

Mortgage P&I

38%

$738

Property Taxes

2%

$40

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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