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$2,027 (target)

2012 20th Ave S, Birmingham, AL 35209

3 beds • 2 baths • 968 sqft

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This property looks like a bad Long-Term investment with a projected -9.04% first-year return on $74,445 initial cash invested.

-9.04%

Cash On Cash

4.41%

Cap Rate

0.74

DSCR

$2,027

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,027 income − $2,588 expenses = $561 out of pocket

Income$2,027Out of Pocket$561Mortgage P&I$1,76487%Property Taxes$1769%Insurance$1216%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,445

Downpayment

20%

$70,900

Closing costs

1%

$3,545

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,027

Total Expenses

$2,588

Mortgage P&I

87%

$1,764

Property Taxes

9%

$176

Home Insurance

6%

$121

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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