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Long-Term Rental Analysis
1606 Wellman Ave NE, Huntsville, AL 35801
$207,700 • 2 beds • 1 baths • 844 sqft

This property looks like a bad Long-Term investment with a projected -4.98% first-year return on $43,617 initial cash invested.

Cash On Cash
-4.98%
Cap Rate
5.75%
Rent
$1,425
Cashflow
-$181
Rent Confidence:  High
Annual
$17,100
Median
$1,375
Avg
$1,424
Samples
25
Financing
Purchase Price  $208k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $43,617
Downpayment  $41,540
Closing costs  $2,077
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,425
Total Expenses  $1,606
Mortgage P&I  $1,105
Property Taxes  $131
Home Insurance  $0
PManagement  $142
CapEx  $71
Vacancy  $86
Maintenance  $71
Other  $0
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131122 Unit 3 Wellman Ave, Unit 3$1800218300.5 mi
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