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$1,827 (target)

3011 Monterey Dr SW, Decatur, AL 35603

3 beds • 2 baths • 1605 sqft

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This property looks like a bad Long-Term investment with a projected -5.16% first-year return on $58,086 initial cash invested.

-5.16%

Cash On Cash

5.56%

Cap Rate

0.89

DSCR

$1,827

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,827 income − $2,077 expenses = $250 out of pocket

Income$1,827Out of Pocket$250Mortgage P&I$1,44179%Property Taxes$633%Insurance$985%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,086

Downpayment

20%

$55,320

Closing costs

1%

$2,766

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,827

Total Expenses

$2,077

Mortgage P&I

79%

$1,441

Property Taxes

3%

$63

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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