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$2,124 (target)

5077 Eason Rd, Florala, AL 36442

3 beds • 3 baths • 2706 sqft

$1,499,000

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This property looks like a bad Long-Term investment with a projected -26.21% first-year return on $315k initial cash invested.

-26.21%

Cash On Cash

0.86%

Cap Rate

0.14

DSCR

$2,124

Rent

-$6,876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,124 income − $9,000 expenses = $6,876 out of pocket

Income$2,124Out of Pocket$6,876Mortgage P&I$7,843369%Property Taxes$814%Insurance$52525%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$1499k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$315k

Downpayment

20%

$300k

Closing costs

1%

$14,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,124

Total Expenses

$9,000

Mortgage P&I

369%

$7,843

Property Taxes

4%

$81

Home Insurance

25%

$525

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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