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2215 Sullivan Rd NW, Huntsville, AL 35810

3 beds • 2 baths • 1399 sqft

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This property looks like a bad Long-Term investment with a projected -3.28% first-year return on $39,900 initial cash invested.

-3.28%

Cash On Cash

5.8%

Cap Rate

0.96

DSCR

$1,410

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,519

Mortgage P&I

68%

$958

Property Taxes

9%

$129

Home Insurance

5%

$66

PManagement

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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