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$3,660 (target)

10298 Bay Haven Dr, Fairhope, AL 36532

3 beds • 3 baths • 2100 sqft

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This property looks like a bad Mid-Term investment with a projected -4.27% first-year return on $117k initial cash invested.

-4.27%

Cash On Cash

5.66%

Cap Rate

0.89

DSCR

$3,660

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,660 income − $4,078 expenses = $418 out of pocket

Income$3,660Out of Pocket$418Mortgage P&I$2,50468%Property Taxes$1203%Insurance$2106%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40311%

Investment Breakdown

|

Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,640

Closing costs

1%

$4,732

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,660

Total Expenses

$4,078

Mortgage P&I

68%

$2,504

Property Taxes

3%

$120

Home Insurance

6%

$210

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$403

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