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$1,980 (target)

3701 Midway Rd, Adamsville, AL 35005

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $62,940 initial cash invested.

0.82%

Cash On Cash

6.49%

Cap Rate

1.12

DSCR

$1,980

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $1,937 expenses = $43 cash flow

Income$1,980Mortgage P&I$1,03652%Property Taxes$1377%Insurance$915%Management$23812%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%Cash Flow$43

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,980

Total Expenses

$1,937

Mortgage P&I

52%

$1,036

Property Taxes

7%

$137

Home Insurance

5%

$91

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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