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117 County Road 615, Hanceville, AL 35077

3 beds • 2 baths • 1358 sqft

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This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $52,479 initial cash invested.

-7.84%

Cash On Cash

5.09%

Cap Rate

0.8

DSCR

$1,470

Rent

-$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,470

Total Expenses

$1,813

Mortgage P&I

90%

$1,330

Property Taxes

1%

$12

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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Comparable Property

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