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$2,584 (target)

7596 Avery Ln, Daphne, AL 36526

3 beds • 2 baths • 1388 sqft

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This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $70,458 initial cash invested.

1.84%

Cash On Cash

7.29%

Cap Rate

1.16

DSCR

$2,584

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,584 income − $2,476 expenses = $108 cash flow

Income$2,584Mortgage P&I$1,30751%Property Taxes$1707%Insurance$914%HOA$301%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%Cash Flow$108

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,458

Downpayment

20%

$49,960

Closing costs

1%

$2,498

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,584

Total Expenses

$2,476

Mortgage P&I

51%

$1,307

Property Taxes

7%

$170

Home Insurance

4%

$91

HOA

1%

$30

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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