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$1,424 (target)

1014 County Road 2565, Wedowee, AL 36278

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Mid-Term investment with a projected -5.05% first-year return on $52,734 initial cash invested.

-5.05%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$1,424

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $1,646 expenses = $222 out of pocket

Income$1,424Out of Pocket$222Mortgage P&I$84059%Property Taxes$785%Insurance$24317%Management$17112%CapEx$574%Vacancy$433%Maintenance$574%Other$15711%

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,734

Downpayment

20%

$33,080

Closing costs

1%

$1,654

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,424

Total Expenses

$1,646

Mortgage P&I

59%

$840

Property Taxes

5%

$78

Home Insurance

17%

$243

HOA

0%

$0

Property Management

12%

$171

CapEx

4%

$57

Vacancy

3%

$43

Maintenance

4%

$57

Other

11%

$157

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