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$2,331 (target)

2209 Summerville Rd, Phenix City, AL 36867

3 beds • 3 baths • 2146 sqft

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This property looks like a bad Mid-Term investment with a projected -3.43% first-year return on $78,732 initial cash invested.

-3.43%

Cash On Cash

5.46%

Cap Rate

0.91

DSCR

$2,331

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $2,556 expenses = $225 out of pocket

Income$2,331Out of Pocket$225Mortgage P&I$1,44862%Property Taxes$2129%Insurance$1044%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,732

Downpayment

20%

$57,840

Closing costs

1%

$2,892

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$2,556

Mortgage P&I

62%

$1,448

Property Taxes

9%

$212

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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