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2612 Vann Dr, Gardendale, AL 35071

3 beds • 2 baths • 2260 sqft

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This property looks like a bad Long-Term investment with a projected -14.16% first-year return on $97,650 initial cash invested.

-14.16%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$2,106

Rent

-$1,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,650

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,106

Total Expenses

$3,258

Mortgage P&I

109%

$2,299

Property Taxes

12%

$244

Home Insurance

8%

$168

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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