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$1,914 (target)

202 Nassau St, Talladega, AL 35160

3 beds • 2 baths • 1304 sqft

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This property might be a fair Mid-Term investment with a projected 6.89% first-year return on $52,629 initial cash invested.

6.89%

Cash On Cash

9.29%

Cap Rate

1.42

DSCR

$1,914

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $1,612 expenses = $302 cash flow

Income$1,914Mortgage P&I$89747%Property Taxes$5Insurance$583%Management$23012%CapEx$774%Vacancy$573%Maintenance$774%Other$21111%Cash Flow$302

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,914

Total Expenses

$1,612

Mortgage P&I

47%

$897

Property Taxes

0%

$5

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$57

Maintenance

4%

$77

Other

11%

$211

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