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$2,476 (target)

315 Woodland Ave, Roanoke, AL 36274

3 beds • 2 baths • 2360 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $64,263 initial cash invested.

5.06%

Cash On Cash

8.4%

Cap Rate

1.32

DSCR

$2,476

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,476 income − $2,205 expenses = $271 cash flow

Income$2,476Mortgage P&I$1,17347%Property Taxes$1114%Insurance$803%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$271

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,263

Downpayment

20%

$44,060

Closing costs

1%

$2,203

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,476

Total Expenses

$2,205

Mortgage P&I

47%

$1,173

Property Taxes

4%

$111

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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