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$3,338 (target)

5940 71st St E, Cottondale, AL 35453

3 beds • 2 baths • 2416 sqft

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This property might be a fair Mid-Term investment with a projected 6.43% first-year return on $79,887 initial cash invested.

6.43%

Cash On Cash

8.54%

Cap Rate

1.37

DSCR

$3,338

Rent

$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $2,910 expenses = $428 cash flow

Income$3,338Mortgage P&I$1,53546%Property Taxes$1344%Insurance$1053%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$428

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$2,910

Mortgage P&I

46%

$1,535

Property Taxes

4%

$134

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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