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$2,242 (target)

2918 Highway 51, Enterprise, AL 36330

3 beds • 2 baths • 2048 sqft

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This property could be a profitable Mid-Term investment with a projected 67.02% first-year return on $22,326 initial cash invested.

67.02%

Cash On Cash

84.41%

Cap Rate

12.94

DSCR

$2,242

Rent

$1,247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,242 income − $995 expenses = $1,247 cash flow

Income$2,242Mortgage P&I$1125%Property Taxes$542%Insurance$663%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$1,247

Investment Breakdown

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Purchase Price

$20,600

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,326

Downpayment

20%

$4,120

Closing costs

1%

$206

Rehab

0%

$0

Furnishing

87%

$18,000

Cashflow

Total Income

$2,242

Total Expenses

$995

Mortgage P&I

5%

$112

Property Taxes

2%

$54

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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