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2441 Scenic Dr, Gadsden, AL 35904

3 beds • 2 baths • 2212 sqft

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This property might be a fair Long-Term investment with a projected 3.55% first-year return on $32,760 initial cash invested.

3.55%

Cash On Cash

7.68%

Cap Rate

1.2

DSCR

$1,420

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$156k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,760

Downpayment

20%

$31,200

Closing costs

1%

$1,560

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,420

Total Expenses

$1,323

Mortgage P&I

58%

$830

Property Taxes

5%

$69

Home Insurance

4%

$55

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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SQFT

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$2,850

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