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$2,982 (target)

7187 Mill House Dr S, Mobile, AL 36619

3 beds • 2 baths • 1860 sqft

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This property could be a profitable Mid-Term investment with a projected 14.21% first-year return on $61,743 initial cash invested.

14.21%

Cash On Cash

11.31%

Cap Rate

1.76

DSCR

$2,982

Rent

$731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,982 income − $2,251 expenses = $731 cash flow

Income$2,982Mortgage P&I$1,11337%Property Taxes$462%Insurance$793%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$731

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,982

Total Expenses

$2,251

Mortgage P&I

37%

$1,113

Property Taxes

2%

$46

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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