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$2,600 (target)

476 Waterford Dr, Calera, AL 35040

3 beds • 2 baths • 1706 sqft

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This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $74,112 initial cash invested.

1.12%

Cash On Cash

7.19%

Cap Rate

1.12

DSCR

$2,600

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $2,531 expenses = $69 cash flow

Income$2,600Mortgage P&I$1,42755%Property Taxes$1014%Insurance$863%HOA$331%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$69

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,112

Downpayment

20%

$53,440

Closing costs

1%

$2,672

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$2,531

Mortgage P&I

55%

$1,427

Property Taxes

4%

$101

Home Insurance

3%

$86

HOA

1%

$33

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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