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$2,019 (target)

303 E Park St, Sylacauga, AL 35150

3 beds • 2 baths • 3114 sqft

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This property could be a profitable Mid-Term investment with a projected 13.05% first-year return on $47,190 initial cash invested.

13.05%

Cash On Cash

11.52%

Cap Rate

1.8

DSCR

$2,019

Rent

$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,019 income − $1,506 expenses = $513 cash flow

Income$2,019Mortgage P&I$74037%Property Taxes$301%Insurance$492%Management$24212%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%Cash Flow$513

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,019

Total Expenses

$1,506

Mortgage P&I

37%

$740

Property Taxes

1%

$30

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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