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$1,962 (target)

4247 Hickory Dr, Montgomery, AL 36109

3 beds • 2 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $55,548 initial cash invested.

4.84%

Cash On Cash

8.54%

Cap Rate

1.31

DSCR

$1,962

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,962 income − $1,738 expenses = $224 cash flow

Income$1,962Mortgage P&I$97149%Property Taxes$382%Insurance$633%Management$23512%CapEx$784%Vacancy$593%Maintenance$784%Other$21611%Cash Flow$224

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,548

Downpayment

20%

$35,760

Closing costs

1%

$1,788

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,962

Total Expenses

$1,738

Mortgage P&I

49%

$971

Property Taxes

2%

$38

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$235

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$216

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