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$3,612 (target)

6219 37th Ct NE, Tuscaloosa, AL 35406

3 beds • 2 baths • 2330 sqft

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This property might be a fair Mid-Term investment with a projected 6.12% first-year return on $87,111 initial cash invested.

6.12%

Cash On Cash

8.45%

Cap Rate

1.34

DSCR

$3,612

Rent

$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,612 income − $3,168 expenses = $444 cash flow

Income$3,612Mortgage P&I$1,72948%Property Taxes$943%Insurance$1193%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$444

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,111

Downpayment

20%

$65,820

Closing costs

1%

$3,291

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,612

Total Expenses

$3,168

Mortgage P&I

48%

$1,729

Property Taxes

3%

$94

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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