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$2,928 (target)

247 Harold Murphy Dr, Madison, AL 35756

3 beds • 2 baths • 1992 sqft

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This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $80,979 initial cash invested.

2.18%

Cash On Cash

7.2%

Cap Rate

1.17

DSCR

$2,928

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,928 income − $2,781 expenses = $147 cash flow

Income$2,928Mortgage P&I$1,53652%Property Taxes$1325%Insurance$1054%HOA$13Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$147

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,928

Total Expenses

$2,781

Mortgage P&I

52%

$1,536

Property Taxes

5%

$132

Home Insurance

4%

$105

HOA

0%

$13

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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