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$1,902 (target)

2283 Cedar Point Rd, Mobile, AL 36605

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 18.7% first-year return on $40,050 initial cash invested.

18.7%

Cash On Cash

14.27%

Cap Rate

2.28

DSCR

$1,902

Rent

$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $1,278 expenses = $624 cash flow

Income$1,902Mortgage P&I$54929%Property Taxes$462%Insurance$372%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$624

Investment Breakdown

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Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,050

Downpayment

20%

$21,000

Closing costs

1%

$1,050

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,902

Total Expenses

$1,278

Mortgage P&I

29%

$549

Property Taxes

2%

$46

Home Insurance

2%

$37

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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