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$1,963 (target)

2943 Glen Gate Dr, Helena, AL 35022

3 beds • 3 baths • 2098 sqft

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This property looks like a bad Long-Term investment with a projected -7.97% first-year return on $62,181 initial cash invested.

-7.97%

Cash On Cash

5.43%

Cap Rate

0.81

DSCR

$1,963

Rent

-$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,963 income − $2,376 expenses = $413 out of pocket

Income$1,963Out of Pocket$413Mortgage P&I$1,65584%Property Taxes$1065%Insurance$1055%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,181

Downpayment

20%

$59,220

Closing costs

1%

$2,961

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,963

Total Expenses

$2,376

Mortgage P&I

84%

$1,655

Property Taxes

5%

$106

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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