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$3,482 (target)

709 Montgomery Ave, Sheffield, AL 35660

3 beds • 4 baths • 2934 sqft

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This property might be a fair Mid-Term investment with a projected 4.37% first-year return on $91,164 initial cash invested.

4.37%

Cash On Cash

7.67%

Cap Rate

1.27

DSCR

$3,482

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,482 income − $3,150 expenses = $332 cash flow

Income$3,482Mortgage P&I$1,75550%Property Taxes$973%Insurance$1153%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$332

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,164

Downpayment

20%

$69,680

Closing costs

1%

$3,484

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,482

Total Expenses

$3,150

Mortgage P&I

50%

$1,755

Property Taxes

3%

$97

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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