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$2,664 (target)

1704 Edgewater Ct, Northport, AL 35473

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Mid-Term investment with a projected -1.67% first-year return on $88,350 initial cash invested.

-1.67%

Cash On Cash

5.95%

Cap Rate

0.99

DSCR

$2,664

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,787 expenses = $123 out of pocket

Income$2,664Out of Pocket$123Mortgage P&I$1,67863%Property Taxes$683%Insurance$1174%HOA$171%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,787

Mortgage P&I

63%

$1,678

Property Taxes

3%

$68

Home Insurance

4%

$117

HOA

1%

$17

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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