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5462 Cross Creek Dr, Mobile, AL 36693

3 beds • 3 baths • 2202 sqft

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This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $81,630 initial cash invested.

3.15%

Cash On Cash

7.16%

Cap Rate

1.22

DSCR

$2,924

Rent

$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,630

Downpayment

20%

$60,600

Closing costs

1%

$3,030

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$2,710

Mortgage P&I

51%

$1,477

Property Taxes

4%

$131

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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