This property looks like a bad Long-Term investment with a projected -27.48% first-year return on $287k initial cash invested.
-27.48%
Cash On Cash
0.91%
Cap Rate
0.14
DSCR
$1,980
Rent
-$6,584
Cashflow
Cash Flow
$1,980 income − $8,564 expenses = $6,584 out of pocket
Investment Breakdown
|
Purchase Price
$1369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$274k
Closing costs
1%
$13,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$8,564
Mortgage P&I
380%
$7,528
Property Taxes
9%
$179
Home Insurance
17%
$342
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
34 Bent Hickory Way, Dadeville, AL 36853 | $1,995 | 5 | 3 | 1500 | 8.9 mi |
55 Martin Ridge Trce, Tallassee, AL 36078 | $2,800 | 3 | 2 | 1354 | 1.1 mi |
54 4th Retreat, Eclectic, AL 36024 | $1,900 | 3 | 2 | 1178 | 0.6 mi |
Projection Charts
Investment Value YoY