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$1,728 (target)

847 Elm St, Talladega, AL 35160

3 beds • 2 baths • 1508 sqft

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This property might be a fair Mid-Term investment with a projected 7.36% first-year return on $47,946 initial cash invested.

7.36%

Cash On Cash

9.49%

Cap Rate

1.47

DSCR

$1,728

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,728 income − $1,434 expenses = $294 cash flow

Income$1,728Mortgage P&I$76544%Property Taxes$302%Insurance$523%Management$20712%CapEx$694%Vacancy$523%Maintenance$694%Other$19011%Cash Flow$294

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,946

Downpayment

20%

$28,520

Closing costs

1%

$1,426

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,728

Total Expenses

$1,434

Mortgage P&I

44%

$765

Property Taxes

2%

$30

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$207

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$190

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