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$2,482 (target)

3207 Fortner Ln, Moody, AL 35004

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 9.38% first-year return on $58,719 initial cash invested.

9.38%

Cash On Cash

9.98%

Cap Rate

1.53

DSCR

$2,482

Rent

$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,482 income − $2,023 expenses = $459 cash flow

Income$2,482Mortgage P&I$1,05442%Property Taxes$572%Insurance$693%Management$29812%CapEx$994%Vacancy$743%Maintenance$994%Other$27311%Cash Flow$459

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,719

Downpayment

20%

$38,780

Closing costs

1%

$1,939

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,482

Total Expenses

$2,023

Mortgage P&I

42%

$1,054

Property Taxes

2%

$57

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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