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$2,013 (target)

740 County Road 41, Clanton, AL 35046

3 beds • 2 baths • 1296 sqft

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This property might be a fair Mid-Term investment with a projected 3.62% first-year return on $58,971 initial cash invested.

3.62%

Cash On Cash

8.03%

Cap Rate

1.25

DSCR

$2,013

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $1,835 expenses = $178 cash flow

Income$2,013Mortgage P&I$1,04752%Property Taxes$402%Insurance$633%Management$24212%CapEx$814%Vacancy$603%Maintenance$814%Other$22111%Cash Flow$178

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,971

Downpayment

20%

$39,020

Closing costs

1%

$1,951

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,013

Total Expenses

$1,835

Mortgage P&I

52%

$1,047

Property Taxes

2%

$40

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$60

Maintenance

4%

$81

Other

11%

$221

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