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$2,998 (target)

2979 S Danville Rd, Danville, AL 35619

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Mid-Term investment with a projected -4.79% first-year return on $110k initial cash invested.

-4.79%

Cash On Cash

5.04%

Cap Rate

0.85

DSCR

$2,998

Rent

-$439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $3,437 expenses = $439 out of pocket

Income$2,998Out of Pocket$439Mortgage P&I$2,15972%Property Taxes$1003%Insurance$1585%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,580

Closing costs

1%

$4,379

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$3,437

Mortgage P&I

72%

$2,159

Property Taxes

3%

$100

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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