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516 Parks Rd, Gardendale, AL 35071

2 beds • 1 baths • 1146 sqft

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This property looks like a bad Long-Term investment with a projected -1.83% first-year return on $31,479 initial cash invested.

-1.83%

Cash On Cash

6.47%

Cap Rate

1.01

DSCR

$1,150

Rent

-$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,150

Total Expenses

$1,198

Mortgage P&I

69%

$798

Property Taxes

4%

$48

Home Insurance

5%

$52

HOA

0%

$0

Property Management

10%

$115

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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