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2308 Masters Rd, Gardendale, AL 35071

3 beds • 3 baths • 1392 sqft

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This property looks like a bad Long-Term investment with a projected -0.85% first-year return on $49,623 initial cash invested.

-0.85%

Cash On Cash

6.38%

Cap Rate

1.05

DSCR

$1,840

Rent

-$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,623

Downpayment

20%

$47,260

Closing costs

1%

$2,363

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,840

Total Expenses

$1,875

Mortgage P&I

65%

$1,200

Property Taxes

6%

$113

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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$2,850

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