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$1,842 (target)

4429 Tate Ave, Adamsville, AL 35005

3 beds • 2 baths • 1036 sqft

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This property might be a fair Mid-Term investment with a projected 7.8% first-year return on $49,521 initial cash invested.

7.8%

Cash On Cash

9.46%

Cap Rate

1.5

DSCR

$1,842

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,842 income − $1,520 expenses = $322 cash flow

Income$1,842Mortgage P&I$78743%Property Taxes$573%Insurance$493%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%Cash Flow$322

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,521

Downpayment

20%

$30,020

Closing costs

1%

$1,501

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,842

Total Expenses

$1,520

Mortgage P&I

43%

$787

Property Taxes

3%

$57

Home Insurance

3%

$49

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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