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$2,692 (target)

25977 Iron Gate Dr, Madison, AL 35756

3 beds • 2 baths • 1683 sqft

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This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $80,979 initial cash invested.

0.86%

Cash On Cash

6.87%

Cap Rate

1.11

DSCR

$2,692

Rent

$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $2,634 expenses = $58 cash flow

Income$2,692Mortgage P&I$1,55058%Property Taxes$632%Insurance$1054%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$58

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.7%

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

$2,692

Total Expenses

$2,634

Mortgage P&I

58%

$1,550

Property Taxes

2%

$63

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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