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$2,991 (target)

233 Addison Dr, Calera, AL 35040

3 beds • 2 baths • 1632 sqft

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This property might be a fair Mid-Term investment with a projected 7.5% first-year return on $68,127 initial cash invested.

7.5%

Cash On Cash

9.44%

Cap Rate

1.41

DSCR

$2,991

Rent

$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $2,565 expenses = $426 cash flow

Income$2,991Mortgage P&I$1,33245%Property Taxes$1064%Insurance$843%HOA$251%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$426

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,127

Downpayment

20%

$47,740

Closing costs

1%

$2,387

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$2,565

Mortgage P&I

45%

$1,332

Property Taxes

4%

$106

Home Insurance

3%

$84

HOA

1%

$25

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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