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$3,162 (target)

1150 Balch Rd, Madison, AL 35757

3 beds • 3 baths • 2892 sqft

$1,500,000

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This property looks like a bad Mid-Term investment with a projected -22.4% first-year return on $333k initial cash invested.

-22.4%

Cash On Cash

1.26%

Cap Rate

0.21

DSCR

$3,162

Rent

-$6,217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,162 income − $9,379 expenses = $6,217 out of pocket

Income$3,162Out of Pocket$6,217Mortgage P&I$7,664242%Property Taxes$1164%Insurance$52517%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%

Investment Breakdown

|

Purchase Price

$1500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$333k

Downpayment

20%

$300k

Closing costs

1%

$15,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,162

Total Expenses

$9,379

Mortgage P&I

242%

$7,664

Property Taxes

4%

$116

Home Insurance

17%

$525

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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