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1404 Highland Dr, Birmingham, AL 35235

3 beds • 2 baths • 1540 sqft

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This property looks like a bad Long-Term investment with a projected -9.73% first-year return on $50,820 initial cash invested.

-9.73%

Cash On Cash

4.39%

Cap Rate

0.72

DSCR

$1,380

Rent

-$412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,820

Downpayment

20%

$48,400

Closing costs

1%

$2,420

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,380

Total Expenses

$1,792

Mortgage P&I

89%

$1,229

Property Taxes

9%

$119

Home Insurance

6%

$85

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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$2,850

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