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$1,623 (target)

531 Carlton St, Andalusia, AL 36420

3 beds • 2 baths • 1337 sqft

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This property might be a fair Mid-Term investment with a projected 7.18% first-year return on $45,930 initial cash invested.

7.18%

Cash On Cash

9.55%

Cap Rate

1.47

DSCR

$1,623

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,623 income − $1,348 expenses = $275 cash flow

Income$1,623Mortgage P&I$71844%Property Taxes$302%Insurance$473%Management$19512%CapEx$654%Vacancy$493%Maintenance$654%Other$17911%Cash Flow$275

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,930

Downpayment

20%

$26,600

Closing costs

1%

$1,330

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,623

Total Expenses

$1,348

Mortgage P&I

44%

$718

Property Taxes

2%

$30

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$195

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$179

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