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$2,222 (target)

3011 Crestlane Dr, Adamsville, AL 35005

3 beds • 2 baths • 1422 sqft

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This property might be a fair Mid-Term investment with a projected 6.76% first-year return on $57,522 initial cash invested.

6.76%

Cash On Cash

9.18%

Cap Rate

1.4

DSCR

$2,222

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,222 income − $1,898 expenses = $324 cash flow

Income$2,222Mortgage P&I$1,02746%Property Taxes$472%Insurance$683%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$324

Investment Breakdown

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Purchase Price

$188k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,522

Downpayment

20%

$37,640

Closing costs

1%

$1,882

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,222

Total Expenses

$1,898

Mortgage P&I

46%

$1,027

Property Taxes

2%

$47

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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