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$3,472 (target)

22060 Shipley Hollow Rd, Elkmont, AL 35620

3 beds • 3 baths • 2466 sqft

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This property looks like a bad Mid-Term investment with a projected -4.82% first-year return on $123k initial cash invested.

-4.82%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$3,472

Rent

-$494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,472 income − $3,966 expenses = $494 out of pocket

Income$3,472Out of Pocket$494Mortgage P&I$2,50472%Property Taxes$1063%Insurance$1755%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,472

Total Expenses

$3,966

Mortgage P&I

72%

$2,504

Property Taxes

3%

$106

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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