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$2,493 (target)

2501 Pineknoll St, Opelika, AL 36804

3 beds • 2 baths • 1660 sqft

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This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $68,484 initial cash invested.

3.01%

Cash On Cash

7.91%

Cap Rate

1.21

DSCR

$2,493

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,493 income − $2,321 expenses = $172 cash flow

Income$2,493Mortgage P&I$1,31253%Property Taxes$753%Insurance$863%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$172

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,484

Downpayment

20%

$48,080

Closing costs

1%

$2,404

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$2,321

Mortgage P&I

53%

$1,312

Property Taxes

3%

$75

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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