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$1,851 (target)

3444 Wickham Rd, Montgomery, AL 36116

3 beds • 2 baths • 1269 sqft

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This property could be a profitable Mid-Term investment with a projected 10.44% first-year return on $44,943 initial cash invested.

10.44%

Cash On Cash

10.95%

Cap Rate

1.66

DSCR

$1,851

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,851 income − $1,460 expenses = $391 cash flow

Income$1,851Mortgage P&I$70638%Property Taxes$784%Insurance$462%Management$22212%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$391

Investment Breakdown

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Purchase Price

$128k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,943

Downpayment

20%

$25,660

Closing costs

1%

$1,283

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,851

Total Expenses

$1,460

Mortgage P&I

38%

$706

Property Taxes

4%

$78

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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