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$1,875 (target)

3506 Choctaw Dr SE, Decatur, AL 35603

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -4.09% first-year return on $53,718 initial cash invested.

-4.09%

Cash On Cash

6.27%

Cap Rate

0.94

DSCR

$1,875

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,875 income − $2,058 expenses = $183 out of pocket

Income$1,875Out of Pocket$183Mortgage P&I$1,42576%Property Taxes$543%Insurance$915%Management$18810%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,718

Downpayment

20%

$51,160

Closing costs

1%

$2,558

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,875

Total Expenses

$2,058

Mortgage P&I

76%

$1,425

Property Taxes

3%

$54

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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