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309 Poplar Dr, Enterprise, AL 36330

4 beds • 3 baths • 2178 sqft

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This property looks like a bad Long-Term investment with a projected -9.67% first-year return on $81,501 initial cash invested.

-9.67%

Cash On Cash

4.2%

Cap Rate

0.71

DSCR

$2,080

Rent

-$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,501

Downpayment

20%

$77,620

Closing costs

1%

$3,881

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,080

Total Expenses

$2,737

Mortgage P&I

92%

$1,911

Property Taxes

6%

$134

Home Insurance

7%

$136

HOA

1%

$15

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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Comparable Property

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SQFT

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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