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$1,996 (target)

200 Cable St, Headland, AL 36345

3 beds • 2 baths • 1452 sqft

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This property might be a fair Mid-Term investment with a projected 6.83% first-year return on $52,335 initial cash invested.

6.83%

Cash On Cash

9.29%

Cap Rate

1.43

DSCR

$1,996

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,996 income − $1,698 expenses = $298 cash flow

Income$1,996Mortgage P&I$88844%Property Taxes$724%Insurance$583%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$298

Investment Breakdown

|

Purchase Price

$164k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,335

Downpayment

20%

$32,700

Closing costs

1%

$1,635

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,996

Total Expenses

$1,698

Mortgage P&I

44%

$888

Property Taxes

4%

$72

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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