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328 Ashland Dr SW, Hanceville, AL 35077

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Long-Term investment with a projected -7.9% first-year return on $59,409 initial cash invested.

-7.9%

Cash On Cash

4.48%

Cap Rate

0.77

DSCR

$1,580

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,409

Downpayment

20%

$56,580

Closing costs

1%

$2,829

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,580

Total Expenses

$1,971

Mortgage P&I

87%

$1,368

Property Taxes

4%

$68

Home Insurance

6%

$99

HOA

2%

$25

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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Comparable Property

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292 Ashland Dr SW, Hanceville, AL 35077

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2

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$1,100

2

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$2,850

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