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$1,289 (target)

108 Needmore Rd, Troy, AL 36081

3 beds • 3 baths • 3036 sqft

$1,440,000

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This property looks like a bad Long-Term investment with a projected -31.21% first-year return on $302k initial cash invested.

-31.21%

Cash On Cash

0.26%

Cap Rate

0.04

DSCR

$1,289

Rent

-$7,864

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,289 income − $9,153 expenses = $7,864 out of pocket

Income$1,289Out of Pocket$7,864Mortgage P&I$8,113629%Property Taxes$20216%Insurance$50439%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$1440k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$288k

Closing costs

1%

$14,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,289

Total Expenses

$9,153

Mortgage P&I

629%

$8,113

Property Taxes

16%

$202

Home Insurance

39%

$504

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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