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2002 Montgomery St, Decatur, AL 35601

3 beds • 2 baths • 1393 sqft

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This property could be a profitable Mid-Term investment with a projected 19.09% first-year return on $42,990 initial cash invested.

19.09%

Cash On Cash

13.73%

Cap Rate

2.28

DSCR

$1,995

Rent

$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$119k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,990

Downpayment

20%

$23,800

Closing costs

1%

$1,190

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,995

Total Expenses

$1,311

Mortgage P&I

30%

$598

Property Taxes

1%

$16

Home Insurance

1%

$19

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

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