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12425 Lakeview Manor Dr, Northport, AL 35475

4 beds • 4 baths • 2923 sqft

$1,120,800

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This property looks like a bad Long-Term investment with a projected -20.59% first-year return on $235k initial cash invested.

-20.59%

Cash On Cash

1.93%

Cap Rate

0.32

DSCR

$2,950

Rent

-$4,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1121k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$224k

Closing costs

1%

$11,208

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,950

Total Expenses

$6,988

Mortgage P&I

193%

$5,690

Property Taxes

4%

$119

Home Insurance

14%

$411

HOA

0%

$0

Property Management

10%

$295

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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$3,750

4

3.5

3356

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3

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2 mi

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4

2

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3.2 mi

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4

3

3.1 mi

104 W Rancho Del Cerro

$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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