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$3,636 (target)

615 E Tuscaloosa St, Florence, AL 35630

3 beds • 3 baths • 1850 sqft

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This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $95,574 initial cash invested.

0.84%

Cash On Cash

6.73%

Cap Rate

1.11

DSCR

$3,636

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,636 income − $3,569 expenses = $67 cash flow

Income$3,636Mortgage P&I$1,86051%Property Taxes$3419%Insurance$1334%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$40011%Cash Flow$67

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,574

Downpayment

20%

$73,880

Closing costs

1%

$3,694

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,636

Total Expenses

$3,569

Mortgage P&I

51%

$1,860

Property Taxes

9%

$341

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$400

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