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$2,938 (target)

5927 Overlook Rd, Mount Olive, AL 35117

3 beds • 2 baths • 2129 sqft

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This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $82,932 initial cash invested.

3.02%

Cash On Cash

7.26%

Cap Rate

1.21

DSCR

$2,938

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $2,729 expenses = $209 cash flow

Income$2,938Mortgage P&I$1,54353%Property Taxes$763%Insurance$1104%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%Cash Flow$209

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,932

Downpayment

20%

$61,840

Closing costs

1%

$3,092

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$2,729

Mortgage P&I

53%

$1,543

Property Taxes

3%

$76

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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