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$4,046 (target)

331 James Rd, Gadsden, AL 35903

3 beds • 2 baths • 2408 sqft

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This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $117k initial cash invested.

0.84%

Cash On Cash

6.57%

Cap Rate

1.1

DSCR

$4,046

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,046 income − $3,964 expenses = $82 cash flow

Income$4,046Mortgage P&I$2,32858%Property Taxes$962%Insurance$1644%Management$48612%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44511%Cash Flow$82

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,046

Total Expenses

$3,964

Mortgage P&I

58%

$2,328

Property Taxes

2%

$96

Home Insurance

4%

$164

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$445

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