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$1,683 (target)

24132 Babbie Rd, Andalusia, AL 36421

3 beds • 2 baths • 1592 sqft

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This property could be a profitable Mid-Term investment with a projected 11.57% first-year return on $43,662 initial cash invested.

11.57%

Cash On Cash

10.88%

Cap Rate

1.79

DSCR

$1,683

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,683 income − $1,262 expenses = $421 cash flow

Income$1,683Mortgage P&I$62037%Property Taxes$302%Insurance$412%Management$20212%CapEx$674%Vacancy$503%Maintenance$674%Other$18511%Cash Flow$421

Investment Breakdown

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Purchase Price

$122k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,662

Downpayment

20%

$24,440

Closing costs

1%

$1,222

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,683

Total Expenses

$1,262

Mortgage P&I

37%

$620

Property Taxes

2%

$30

Home Insurance

2%

$41

HOA

0%

$0

Property Management

12%

$202

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$185

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