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$2,382 (target)

4481 Winchester Hills Way, Birmingham, AL 35215

3 beds • 2 baths • 1163 sqft

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This property might be a fair Mid-Term investment with a projected 7.3% first-year return on $60,147 initial cash invested.

7.3%

Cash On Cash

9.11%

Cap Rate

1.43

DSCR

$2,382

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,382 income − $2,016 expenses = $366 cash flow

Income$2,382Mortgage P&I$1,06245%Property Taxes$844%Insurance$613%Management$28612%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$366

Investment Breakdown

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Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,147

Downpayment

20%

$40,140

Closing costs

1%

$2,007

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,382

Total Expenses

$2,016

Mortgage P&I

45%

$1,062

Property Taxes

4%

$84

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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