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2988 Cottage Knoll Dr, Mobile, AL 36695

3 beds • 2 baths • 1508 sqft

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This property might be a fair Mid-Term investment with a projected 4.22% first-year return on $67,350 initial cash invested.

4.22%

Cash On Cash

8.02%

Cap Rate

1.27

DSCR

$2,462

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,462

Total Expenses

$2,225

Mortgage P&I

50%

$1,235

Property Taxes

3%

$70

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$271

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