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$2,534 (target)

2814 Nancy Dr, Phenix City, AL 36870

3 beds • 2 baths • 1616 sqft

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This property might be a fair Mid-Term investment with a projected 6.45% first-year return on $64,788 initial cash invested.

6.45%

Cash On Cash

8.46%

Cap Rate

1.4

DSCR

$2,534

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,534 income − $2,186 expenses = $348 cash flow

Income$2,534Mortgage P&I$1,12244%Property Taxes$1104%Insurance$934%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%Cash Flow$348

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,788

Downpayment

20%

$44,560

Closing costs

1%

$2,228

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,534

Total Expenses

$2,186

Mortgage P&I

44%

$1,122

Property Taxes

4%

$110

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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