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$2,414 (target)

428 Altamont Dr, Pleasant Grove, AL 35127

3 beds • 2 baths • 2146 sqft

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This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $71,634 initial cash invested.

0.12%

Cash On Cash

6.79%

Cap Rate

1.08

DSCR

$2,414

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $2,407 expenses = $7 cash flow

Income$2,414Mortgage P&I$1,34256%Property Taxes$1506%Insurance$934%Management$29012%CapEx$974%Vacancy$723%Maintenance$974%Other$26611%Cash Flow$7

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,634

Downpayment

20%

$51,080

Closing costs

1%

$2,554

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$2,407

Mortgage P&I

56%

$1,342

Property Taxes

6%

$150

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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