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$2,988 (target)

501 Magnolia Crest Cir, Gardendale, AL 35071

3 beds • 2 baths • 1585 sqft

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This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $85,284 initial cash invested.

0.25%

Cash On Cash

6.74%

Cap Rate

1.08

DSCR

$2,988

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,988 income − $2,970 expenses = $18 cash flow

Income$2,988Mortgage P&I$1,66256%Property Taxes$1656%Insurance$1144%HOA$11Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$18

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,284

Downpayment

20%

$64,080

Closing costs

1%

$3,204

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,988

Total Expenses

$2,970

Mortgage P&I

56%

$1,662

Property Taxes

6%

$165

Home Insurance

4%

$114

HOA

0%

$11

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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