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$2,032 (target)

731 Dixie Ave, Florence, AL 35630

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $60,714 initial cash invested.

1.84%

Cash On Cash

7.51%

Cap Rate

1.16

DSCR

$2,032

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,032 income − $1,939 expenses = $93 cash flow

Income$2,032Mortgage P&I$1,09954%Property Taxes$764%Insurance$734%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%Cash Flow$93

Investment Breakdown

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Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,714

Downpayment

20%

$40,680

Closing costs

1%

$2,034

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,032

Total Expenses

$1,939

Mortgage P&I

54%

$1,099

Property Taxes

4%

$76

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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