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$2,522 (target)

31 Noahs Spur, Wetumpka, AL 36092

3 beds • 2 baths • 1491 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $76,947 initial cash invested.

1.47%

Cash On Cash

6.96%

Cap Rate

1.14

DSCR

$2,522

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,522 income − $2,428 expenses = $94 cash flow

Income$2,522Mortgage P&I$1,43257%Property Taxes$382%Insurance$1004%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$94

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,947

Downpayment

20%

$56,140

Closing costs

1%

$2,807

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,428

Mortgage P&I

57%

$1,432

Property Taxes

2%

$38

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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