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$3,856 (target)

232 Sassafras Cir, Chelsea, AL 35043

3 beds • 3 baths • 2552 sqft

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This property might be a fair Mid-Term investment with a projected 2.24% first-year return on $102k initial cash invested.

2.24%

Cash On Cash

7.24%

Cap Rate

1.17

DSCR

$3,856

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,856 income − $3,665 expenses = $191 cash flow

Income$3,856Mortgage P&I$2,07154%Property Taxes$1263%Insurance$1494%HOA$8Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$191

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,140

Closing costs

1%

$4,007

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,856

Total Expenses

$3,665

Mortgage P&I

54%

$2,071

Property Taxes

3%

$126

Home Insurance

4%

$149

HOA

0%

$8

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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