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$3,462 (target)

2387 Creekside Ln, Jasper, AL 35503

3 beds • 2.5 baths • 2186 sqft

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This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $91,143 initial cash invested.

4.49%

Cash On Cash

7.64%

Cap Rate

1.28

DSCR

$3,462

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,462 income − $3,121 expenses = $341 cash flow

Income$3,462Mortgage P&I$1,73850%Property Taxes$832%Insurance$1244%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%Cash Flow$341

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,143

Downpayment

20%

$69,660

Closing costs

1%

$3,483

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$3,121

Mortgage P&I

50%

$1,738

Property Taxes

2%

$83

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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