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$2,518 (target)

4223 2nd Ave E, Northport, AL 35473

3 beds • 2 baths • 1794 sqft

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This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $79,887 initial cash invested.

0.44%

Cash On Cash

6.52%

Cap Rate

1.09

DSCR

$2,518

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $2,489 expenses = $29 cash flow

Income$2,518Mortgage P&I$1,47158%Property Taxes$542%Insurance$1074%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$29

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$2,489

Mortgage P&I

58%

$1,471

Property Taxes

2%

$54

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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