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$1,632 (target)

9 Richardson Dr, Daleville, AL 36322

3 beds • 2 baths • 1530 sqft

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This property might be a fair Mid-Term investment with a projected 2.23% first-year return on $53,196 initial cash invested.

2.23%

Cash On Cash

7.46%

Cap Rate

1.19

DSCR

$1,632

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $1,533 expenses = $99 cash flow

Income$1,632Mortgage P&I$87854%Property Taxes$443%Insurance$563%Management$19612%CapEx$654%Vacancy$493%Maintenance$654%Other$18011%Cash Flow$99

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,196

Downpayment

20%

$33,520

Closing costs

1%

$1,676

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,632

Total Expenses

$1,533

Mortgage P&I

54%

$878

Property Taxes

3%

$44

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$196

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$180

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