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$3,260 (target)

505 Shelby Farms Way, Alabaster, AL 35007

3 beds • 3 baths • 1972 sqft

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This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $86,817 initial cash invested.

0.43%

Cash On Cash

7.28%

Cap Rate

1.09

DSCR

$3,260

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,260 income − $3,229 expenses = $31 cash flow

Income$3,260Mortgage P&I$1,82656%Property Taxes$1545%Insurance$1164%HOA$251%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%Cash Flow$31

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,817

Downpayment

20%

$65,540

Closing costs

1%

$3,277

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,260

Total Expenses

$3,229

Mortgage P&I

56%

$1,826

Property Taxes

5%

$154

Home Insurance

4%

$116

HOA

1%

$25

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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