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$1,756 (target)

1555 8th Ave W, Birmingham, AL 35208

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Mid-Term investment with a projected -1.43% first-year return on $57,186 initial cash invested.

-1.43%

Cash On Cash

6.73%

Cap Rate

1

DSCR

$1,756

Rent

-$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,756 income − $1,824 expenses = $68 out of pocket

Income$1,756Out of Pocket$68Mortgage P&I$1,04560%Property Taxes$1126%Insurance$704%Management$21112%CapEx$704%Vacancy$533%Maintenance$704%Other$19311%

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,186

Downpayment

20%

$37,320

Closing costs

1%

$1,866

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,756

Total Expenses

$1,824

Mortgage P&I

60%

$1,045

Property Taxes

6%

$112

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$211

CapEx

4%

$70

Vacancy

3%

$53

Maintenance

4%

$70

Other

11%

$193

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