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$3,164 (target)

326 Poviner Pl, Fairhope, AL 36532

3 beds • 3 baths • 2417 sqft

$1,198,000

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This property looks like a bad Long-Term investment with a projected -23.15% first-year return on $252k initial cash invested.

-23.15%

Cash On Cash

1.65%

Cap Rate

0.26

DSCR

$3,164

Rent

-$4,854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,164 income − $8,018 expenses = $4,854 out of pocket

Income$3,164Out of Pocket$4,854Mortgage P&I$6,340200%Property Taxes$31910%Insurance$43714%HOA$1003%Management$31610%CapEx$1585%Vacancy$1906%Maintenance$1585%

Investment Breakdown

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Purchase Price

$1198k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$11,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,164

Total Expenses

$8,018

Mortgage P&I

200%

$6,340

Property Taxes

10%

$319

Home Insurance

14%

$437

HOA

3%

$100

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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