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$2,631 (target)

1696 Highpoint Rd, Albertville, AL 35950

3 beds • 2 baths • 2220 sqft

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This property looks like a bad Mid-Term investment with a projected -2.02% first-year return on $82,680 initial cash invested.

-2.02%

Cash On Cash

6.42%

Cap Rate

0.98

DSCR

$2,631

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,631 income − $2,770 expenses = $139 out of pocket

Income$2,631Out of Pocket$139Mortgage P&I$1,68364%Property Taxes$883%Insurance$1054%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,680

Downpayment

20%

$61,600

Closing costs

1%

$3,080

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$2,770

Mortgage P&I

64%

$1,683

Property Taxes

3%

$88

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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