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2321 Springdale Rd SE, Decatur, AL 35601

3 beds • 3 baths • 2527 sqft

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This property looks like a bad Long-Term investment with a projected -5.6% first-year return on $78,435 initial cash invested.

-5.6%

Cash On Cash

5.05%

Cap Rate

0.86

DSCR

$2,256

Rent

-$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,435

Downpayment

20%

$74,700

Closing costs

1%

$3,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,256

Total Expenses

$2,622

Mortgage P&I

81%

$1,824

Property Taxes

4%

$81

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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