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$3,116 (target)

1218 Fitts Ferry Rd, Gadsden, AL 35901

3 beds • 2 baths • 4608 sqft

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This property looks like a bad Mid-Term investment with a projected -19.43% first-year return on $180k initial cash invested.

-19.43%

Cash On Cash

2.45%

Cap Rate

0.36

DSCR

$3,116

Rent

-$2,910

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $6,026 expenses = $2,910 out of pocket

Income$3,116Out of Pocket$2,910Mortgage P&I$4,356140%Property Taxes$34011%Insurance$2709%Management$37412%CapEx$1254%Vacancy$933%Maintenance$1254%Other$34311%

Investment Breakdown

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Purchase Price

$770k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,699

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,116

Total Expenses

$6,026

Mortgage P&I

140%

$4,356

Property Taxes

11%

$340

Home Insurance

9%

$270

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$93

Maintenance

4%

$125

Other

11%

$343

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