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$3,152 (target)

7124 Tulip Trestle Ct, Northport, AL 35473

3 beds • 3 baths • 2190 sqft

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This property might be a fair Mid-Term investment with a projected 6.03% first-year return on $79,950 initial cash invested.

6.03%

Cash On Cash

8.19%

Cap Rate

1.36

DSCR

$3,152

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,152 income − $2,750 expenses = $402 cash flow

Income$3,152Mortgage P&I$1,48547%Property Taxes$903%Insurance$1033%Management$37812%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%Cash Flow$402

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,152

Total Expenses

$2,750

Mortgage P&I

47%

$1,485

Property Taxes

3%

$90

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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