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1906 Rae Ct, Decatur, AL 35603

3 beds • 3 baths • 1931 sqft

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This property looks like a bad Long-Term investment with a projected -12.4% first-year return on $76,629 initial cash invested.

-12.4%

Cash On Cash

3.72%

Cap Rate

0.62

DSCR

$1,760

Rent

-$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$2,552

Mortgage P&I

104%

$1,835

Property Taxes

6%

$103

Home Insurance

7%

$128

HOA

2%

$28

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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