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226 Farmington Dr, Harvest, AL 35749

3 beds • 3 baths • 1892 sqft

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This property looks like a bad Long-Term investment with a projected -4.42% first-year return on $46,200 initial cash invested.

-4.42%

Cash On Cash

5.9%

Cap Rate

0.92

DSCR

$1,610

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,610

Total Expenses

$1,780

Mortgage P&I

73%

$1,171

Property Taxes

7%

$108

Home Insurance

5%

$77

HOA

0%

$6

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

204 Farmington Dr, Harvest, AL 35749

$1,505

3

2.5

1816

0.1 mi

122 Farmington Dr, Harvest, AL 35749

$1,465

3

2.5

1770

0.2 mi

213 Farmington Dr, Harvest, AL 35749

$1,395

3

2.5

1730

0.1 mi

123 Elmhurst Dr, Harvest, AL 35749

$1,630

3

2.5

1732

0.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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