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$2,860 (target)

461 N Park Ave, Dothan, AL 36303

3 beds • 2 baths • 2379 sqft

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This property could be a profitable Mid-Term investment with a projected 44.46% first-year return on $36,900 initial cash invested.

44.46%

Cash On Cash

25.91%

Cap Rate

4.21

DSCR

$2,860

Rent

$1,367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $1,493 expenses = $1,367 cash flow

Income$2,860Mortgage P&I$46216%Property Taxes$271%Insurance$321%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%Cash Flow$1,367

Investment Breakdown

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Purchase Price

$90,000

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,900

Downpayment

20%

$18,000

Closing costs

1%

$900

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$2,860

Total Expenses

$1,493

Mortgage P&I

16%

$462

Property Taxes

1%

$27

Home Insurance

1%

$32

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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