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1611 Edwards St, Dolomite, AL 35061

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $38,829 initial cash invested.

-8.5%

Cash On Cash

4.75%

Cap Rate

0.78

DSCR

$1,360

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,360

Total Expenses

$1,635

Mortgage P&I

69%

$939

Property Taxes

20%

$277

Home Insurance

5%

$65

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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