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11947 Graceland Rd, Northport, AL 35475

3 beds • 3 baths • 2771 sqft

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This property looks like a bad Long-Term investment with a projected -9.52% first-year return on $94,500 initial cash invested.

-9.52%

Cash On Cash

4.35%

Cap Rate

0.72

DSCR

$2,370

Rent

-$750

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,370

Total Expenses

$3,120

Mortgage P&I

95%

$2,263

Property Taxes

4%

$84

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

3

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3

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3345

4.9 mi

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3

4

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3.8 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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