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$1,767 (target)

22201 New Garden Rd, Elkmont, AL 35620

3 beds • 2 baths • 1451 sqft

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This property looks like a bad Mid-Term investment with a projected -16.17% first-year return on $104k initial cash invested.

-16.17%

Cash On Cash

2.79%

Cap Rate

0.42

DSCR

$1,767

Rent

-$1,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,767 income − $3,175 expenses = $1,408 out of pocket

Income$1,767Out of Pocket$1,408Mortgage P&I$2,294130%Property Taxes$1338%Insurance$1478%Management$21212%CapEx$714%Vacancy$533%Maintenance$714%Other$19411%

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,360

Closing costs

1%

$4,118

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,767

Total Expenses

$3,175

Mortgage P&I

130%

$2,294

Property Taxes

8%

$133

Home Insurance

8%

$147

HOA

0%

$0

Property Management

12%

$212

CapEx

4%

$71

Vacancy

3%

$53

Maintenance

4%

$71

Other

11%

$194

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