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$1,934 (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 Mid-Term investment with a projected -28.25% first-year return on $320k initial cash invested.

-28.25%

Cash On Cash

0.54%

Cap Rate

0.08

DSCR

$1,934

Rent

-$7,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,934 income − $9,476 expenses = $7,542 out of pocket

Income$1,934Out of Pocket$7,542Mortgage P&I$8,113419%Property Taxes$20210%Insurance$50426%Management$23212%CapEx$774%Vacancy$583%Maintenance$774%Other$21311%

Investment Breakdown

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Purchase Price

$1440k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$288k

Closing costs

1%

$14,400

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,934

Total Expenses

$9,476

Mortgage P&I

419%

$8,113

Property Taxes

10%

$202

Home Insurance

26%

$504

HOA

0%

$0

Property Management

12%

$232

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$213

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