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$2,906 (target)

23017 County Road 12, Foley, AL 36535

3 beds • 2 baths • 1663 sqft

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This property looks like a bad Mid-Term investment with a projected -3.34% first-year return on $97,989 initial cash invested.

-3.34%

Cash On Cash

5.67%

Cap Rate

0.92

DSCR

$2,906

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,906 income − $3,179 expenses = $273 out of pocket

Income$2,906Out of Pocket$273Mortgage P&I$1,95767%Property Taxes$803%Insurance$1365%HOA$181%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,989

Downpayment

20%

$76,180

Closing costs

1%

$3,809

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,906

Total Expenses

$3,179

Mortgage P&I

67%

$1,957

Property Taxes

3%

$80

Home Insurance

5%

$136

HOA

1%

$18

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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