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$1,678 (target)

3610 County Road 299, Florence, AL 35634

3 beds • 4 baths • 2968 sqft

$1,395,000

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This property looks like a bad Long-Term investment with a projected -30.53% first-year return on $293k initial cash invested.

-30.53%

Cash On Cash

0.55%

Cap Rate

0.08

DSCR

$1,678

Rent

-$7,454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,678 income − $9,132 expenses = $7,454 out of pocket

Income$1,678Out of Pocket$7,454Mortgage P&I$8,011477%Property Taxes$19612%Insurance$48829%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$293k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,678

Total Expenses

$9,132

Mortgage P&I

477%

$8,011

Property Taxes

12%

$196

Home Insurance

29%

$488

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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