REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

302 Jo Canyon Dr, Gadsden, AL 35905

3 beds • 3 baths • 2494 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.38% first-year return on $53,970 initial cash invested.

-5.38%

Cash On Cash

5.06%

Cap Rate

0.87

DSCR

$1,630

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,970

Downpayment

20%

$51,400

Closing costs

1%

$2,570

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,630

Total Expenses

$1,872

Mortgage P&I

76%

$1,243

Property Taxes

7%

$114

Home Insurance

6%

$90

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

108 Meadow Wood Rd, Gadsden, AL 35901

$2,250

3

2.5

2000

1.7 mi

117 Canterberry Ln, Gadsden, AL 35901

$2,000

3

2

1.7 mi

306 Covered Bridge Rd, Rainbow City, AL 35906

$2,000

3

2.5

2400

6.8 mi

2214 Windsong Trl, Southside, AL 35907

$2,099

3

2.5

2200

6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis