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$2,053 (target)

1138 Power Dam Rd, Newton, AL 36352

3 beds • 3 baths • 3400 sqft

$1,300,000

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This property looks like a bad Long-Term investment with a projected -25.64% first-year return on $273k initial cash invested.

-25.64%

Cash On Cash

0.99%

Cap Rate

0.16

DSCR

$2,053

Rent

-$5,832

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,053 income − $7,885 expenses = $5,832 out of pocket

Income$2,053Out of Pocket$5,832Mortgage P&I$6,802331%Property Taxes$945%Insurance$45522%Management$20510%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$1300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$273k

Downpayment

20%

$260k

Closing costs

1%

$13,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,053

Total Expenses

$7,885

Mortgage P&I

331%

$6,802

Property Taxes

5%

$94

Home Insurance

22%

$455

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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