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Long-Term Rental Analysis
2909 Meridian St NE, Huntsville, AL 35811
$129,900 • 2 beds • 1 baths • 658 sqft

This property looks like a bad Long-Term investment with a projected -6.82% first-year return on $27,279 initial cash invested.

Cash On Cash
-6.82%
Cap Rate
5.1%
Rent
$802
Cashflow
-$155
Rent Confidence:  High
Annual
$9,624
Median
$750
Avg
$814
Samples
25
Financing
Purchase Price  $130k
Downpayment  20.0%
Interest Rate  6.7%
Mortgage Duration  30yr.
Cash To Invest
Total  $27,279
Downpayment  20% $25,980
Closing costs  1% $1,299
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $802
Total Expenses  $957
Mortgage P&I  83% $667
Property Taxes  4% $36
Home Insurance  6% $46
PManagement  10% $80
CapEx  5% $40
Vacancy  6% $48
Maintenance  5% $40
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
1907 Stevens Ct NE, Apt 1$1000216502.1 mi
21129 Halsey Ave NE$1400217171.7 mi
32409 Huntsville St NW$1025217441.4 mi
41400 Halsey Ave NE$1300217211.9 mi
51512 Oakwood Ave NE, Apt 3$775217361.7 mi
61512 Oakwood Ave NE, Apt 4$775217361.7 mi
73328 Meridian St N, Apt 112$750218000.8 mi
83328 Meridian St N, Apt 210$750218000.8 mi
93328 Meridian St N, Apt 110$675218000.8 mi
103328 Meridian St N, Apt 113$675218000.8 mi
113328 Meridian St N, Apt 109$675218000.8 mi
123328 Meridian St N, Apt 211$675218000.8 mi
133330 Meridian St N, Apt 107$650218000.8 mi
143330 Meridian St N, Apt 103$675218000.8 mi
153328 Meridian St N, Apt 209$835218000.8 mi
163330 Meridian St N, Apt 106$750218000.8 mi
173330 Meridian St N, Apt 206$750218000.8 mi
183330 Meridian St N, Apt 104$750218000.8 mi
193330 Meridian St N, Apt 204$750218000.8 mi
203328 Meridian St N$800218000.8 mi
213330 Meridian St N, Apt 102$675218000.8 mi
223330 Meridian St N, Apt 203$675218000.8 mi
233330 Meridian St N$750218000.8 mi
243330 Meridian St N, Apt 207$825218000.8 mi
251329 Stevens Ave Ne Unit B$1000217442 mi

Projections