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$1,579 (target)

1275 Mineral Springs Rd, Pell City, AL 35125

3 beds • 3 baths • 1707 sqft

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This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $61,320 initial cash invested.

-9.06%

Cash On Cash

4.47%

Cap Rate

0.74

DSCR

$1,579

Rent

-$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,579 income − $2,042 expenses = $463 out of pocket

Income$1,579Out of Pocket$463Mortgage P&I$1,47193%Property Taxes$624%Insurance$986%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,320

Downpayment

20%

$58,400

Closing costs

1%

$2,920

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,579

Total Expenses

$2,042

Mortgage P&I

93%

$1,471

Property Taxes

4%

$62

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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