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$2,553 (target)

2902 Waterford Blvd, Opelika, AL 36804

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $68,211 initial cash invested.

3.15%

Cash On Cash

7.98%

Cap Rate

1.21

DSCR

$2,553

Rent

$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,553 income − $2,374 expenses = $179 cash flow

Income$2,553Mortgage P&I$1,30951%Property Taxes$1134%Insurance$843%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$179

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,553

Total Expenses

$2,374

Mortgage P&I

51%

$1,309

Property Taxes

4%

$113

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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