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$3,292 (target)

2904 Montevallo Park Rd, Irondale, AL 35210

3 beds • 2 baths • 1336 sqft

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This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $91,878 initial cash invested.

1.72%

Cash On Cash

6.91%

Cap Rate

1.15

DSCR

$3,292

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,292 income − $3,160 expenses = $132 cash flow

Income$3,292Mortgage P&I$1,76254%Property Taxes$1645%Insurance$1143%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$132

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,878

Downpayment

20%

$70,360

Closing costs

1%

$3,518

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,292

Total Expenses

$3,160

Mortgage P&I

54%

$1,762

Property Taxes

5%

$164

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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