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$2,450 (target)

2805 Lexington Ave SW, Decatur, AL 35603

3 beds • 2 baths • 1765 sqft

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This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $72,453 initial cash invested.

2.42%

Cash On Cash

7.17%

Cap Rate

1.19

DSCR

$2,450

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $2,304 expenses = $146 cash flow

Income$2,450Mortgage P&I$1,30653%Property Taxes$592%Insurance$1054%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$146

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,453

Downpayment

20%

$51,860

Closing costs

1%

$2,593

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,450

Total Expenses

$2,304

Mortgage P&I

53%

$1,306

Property Taxes

2%

$59

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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