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$2,077 (target)

1218 Fitts Ferry Rd, Gadsden, AL 35901

3 beds • 2 baths • 4608 sqft

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This property looks like a bad Long-Term investment with a projected -25.46% first-year return on $162k initial cash invested.

-25.46%

Cash On Cash

1.61%

Cap Rate

0.24

DSCR

$2,077

Rent

-$3,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,077 income − $5,507 expenses = $3,430 out of pocket

Income$2,077Out of Pocket$3,430Mortgage P&I$4,356210%Property Taxes$34016%Insurance$27013%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$770k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$154k

Closing costs

1%

$7,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,077

Total Expenses

$5,507

Mortgage P&I

210%

$4,356

Property Taxes

16%

$340

Home Insurance

13%

$270

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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