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1334 Mountain Ln, Gardendale, AL 35071

3 beds • 2 baths • 2918 sqft

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This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $69,720 initial cash invested.

-10.6%

Cash On Cash

3.94%

Cap Rate

0.68

DSCR

$2,010

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,720

Downpayment

20%

$66,400

Closing costs

1%

$3,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,010

Total Expenses

$2,626

Mortgage P&I

80%

$1,606

Property Taxes

17%

$348

Home Insurance

6%

$112

HOA

2%

$38

Property Management

10%

$201

CapEx

5%

$100

Vacancy

6%

$121

Maintenance

5%

$100

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

4427 Sierra Ln, Gardendale, AL 35071

$1,875

3

2

2023

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2

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2

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3

2

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0.2 mi

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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

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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