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37 Springbrook, Tuscaloosa, AL 35405

3 beds • 2 baths • 1598 sqft

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This property might be a fair Long-Term investment with a projected 2.66% first-year return on $40,551 initial cash invested.

2.66%

Cash On Cash

7.18%

Cap Rate

1.18

DSCR

$1,700

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,551

Downpayment

20%

$38,620

Closing costs

1%

$1,931

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$1,610

Mortgage P&I

58%

$980

Property Taxes

8%

$142

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

19 Springbrook Cir, Tuscaloosa, AL 35405

$1,200

3

2

1629

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3

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3

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1.3 mi

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2

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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