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1824 Poplar Dr, Gardendale, AL 35071

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Long-Term investment with a projected -5.64% first-year return on $60,900 initial cash invested.

-5.64%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$1,830

Rent

-$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$2,116

Mortgage P&I

80%

$1,458

Property Taxes

4%

$79

Home Insurance

6%

$102

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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