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$1,984 (target)

3042 Brevard Ave, Montgomery, AL 36109

3 beds • 2 baths • 2032 sqft

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This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $53,889 initial cash invested.

4.99%

Cash On Cash

8.52%

Cap Rate

1.33

DSCR

$1,984

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,984 income − $1,760 expenses = $224 cash flow

Income$1,984Mortgage P&I$91046%Property Taxes$1156%Insurance$613%Management$23812%CapEx$794%Vacancy$603%Maintenance$794%Other$21811%Cash Flow$224

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,889

Downpayment

20%

$34,180

Closing costs

1%

$1,709

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,984

Total Expenses

$1,760

Mortgage P&I

46%

$910

Property Taxes

6%

$115

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$60

Maintenance

4%

$79

Other

11%

$218

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