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3304 3rd Ave, Tuscaloosa, AL 35405

3 beds • 2 baths • 1272 sqft

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This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $59,160 initial cash invested.

0.59%

Cash On Cash

6.94%

Cap Rate

1.1

DSCR

$1,851

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,160

Downpayment

20%

$39,200

Closing costs

1%

$1,960

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,851

Total Expenses

$1,822

Mortgage P&I

56%

$1,030

Property Taxes

5%

$93

Home Insurance

4%

$69

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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