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$3,084 (target)

530 Harris Rd, Blountsville, AL 35031

3 beds • 3 baths • 1976 sqft

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This property could be a profitable Mid-Term investment with a projected 13.86% first-year return on $64,599 initial cash invested.

13.86%

Cash On Cash

10.99%

Cap Rate

1.75

DSCR

$3,084

Rent

$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,084 income − $2,338 expenses = $746 cash flow

Income$3,084Mortgage P&I$1,16338%Property Taxes$482%Insurance$793%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$33911%Cash Flow$746

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,599

Downpayment

20%

$44,380

Closing costs

1%

$2,219

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,084

Total Expenses

$2,338

Mortgage P&I

38%

$1,163

Property Taxes

2%

$48

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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