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$2,106 (target)

823 Arad Thompson Rd NE, Arab, AL 35016

3 beds • 2 baths • 1250 sqft

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This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $61,176 initial cash invested.

3.22%

Cash On Cash

7.91%

Cap Rate

1.22

DSCR

$2,106

Rent

$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $1,942 expenses = $164 cash flow

Income$2,106Mortgage P&I$1,10853%Property Taxes$482%Insurance$703%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%Cash Flow$164

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,176

Downpayment

20%

$41,120

Closing costs

1%

$2,056

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,106

Total Expenses

$1,942

Mortgage P&I

53%

$1,108

Property Taxes

2%

$48

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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