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$3,030 (target)

8173 Gaskin Blvd NW, Madison, AL 35756

3 beds • 3 baths • 1749 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $84,148 initial cash invested.

2.08%

Cash On Cash

7.23%

Cap Rate

1.16

DSCR

$3,030

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,030 income − $2,884 expenses = $146 cash flow

Income$3,030Mortgage P&I$1,63154%Property Taxes$1134%Insurance$1104%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$146

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,148

Downpayment

20%

$62,998

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,030

Total Expenses

$2,884

Mortgage P&I

54%

$1,631

Property Taxes

4%

$113

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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