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$2,991 (target)

1123 Bellevue Dr, Gadsden, AL 35904

3 beds • 3 baths • 2609 sqft

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This property looks like a bad Mid-Term investment with a projected -5.28% first-year return on $106k initial cash invested.

-5.28%

Cash On Cash

5.3%

Cap Rate

0.84

DSCR

$2,991

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $3,456 expenses = $465 out of pocket

Income$2,991Out of Pocket$465Mortgage P&I$2,18973%Property Taxes$973%Insurance$1525%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,560

Closing costs

1%

$4,178

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,456

Mortgage P&I

73%

$2,189

Property Taxes

3%

$97

Home Insurance

5%

$152

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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