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$2,002 (target)

233 Carleen St, Gadsden, AL 35901

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $58,719 initial cash invested.

2.35%

Cash On Cash

7.65%

Cap Rate

1.19

DSCR

$2,002

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,002 income − $1,887 expenses = $115 cash flow

Income$2,002Mortgage P&I$1,04152%Property Taxes$915%Insurance$754%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$115

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,719

Downpayment

20%

$38,780

Closing costs

1%

$1,939

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,002

Total Expenses

$1,887

Mortgage P&I

52%

$1,041

Property Taxes

5%

$91

Home Insurance

4%

$75

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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