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$1,512 (target)

201 N Fleming St, Opp, AL 36467

3 beds • 2 baths • 1232 sqft

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This property might be a fair Mid-Term investment with a projected 8.05% first-year return on $41,310 initial cash invested.

8.05%

Cash On Cash

10.15%

Cap Rate

1.56

DSCR

$1,512

Rent

$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,512 income − $1,235 expenses = $277 cash flow

Income$1,512Mortgage P&I$60240%Property Taxes$614%Insurance$604%Management$18112%CapEx$604%Vacancy$453%Maintenance$604%Other$16611%Cash Flow$277

Investment Breakdown

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Purchase Price

$111k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,310

Downpayment

20%

$22,200

Closing costs

1%

$1,110

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,512

Total Expenses

$1,235

Mortgage P&I

40%

$602

Property Taxes

4%

$61

Home Insurance

4%

$60

HOA

0%

$0

Property Management

12%

$181

CapEx

4%

$60

Vacancy

3%

$45

Maintenance

4%

$60

Other

11%

$166

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