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$1,576 (target)

761 County Road 45 S, Headland, AL 36345

3 beds • 2 baths • 1611 sqft

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This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $51,894 initial cash invested.

1.13%

Cash On Cash

7.32%

Cap Rate

1.13

DSCR

$1,576

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,576 income − $1,527 expenses = $49 cash flow

Income$1,576Mortgage P&I$87255%Property Taxes$543%Insurance$664%Management$18912%CapEx$634%Vacancy$473%Maintenance$634%Other$17311%Cash Flow$49

Investment Breakdown

|

Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,894

Downpayment

20%

$32,280

Closing costs

1%

$1,614

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,576

Total Expenses

$1,527

Mortgage P&I

55%

$872

Property Taxes

3%

$54

Home Insurance

4%

$66

HOA

0%

$0

Property Management

12%

$189

CapEx

4%

$63

Vacancy

3%

$47

Maintenance

4%

$63

Other

11%

$173

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