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$2,193 (target)

59 Gore Rd, Boaz, AL 35957

3 beds • 2 baths • 1695 sqft

$2,599,777

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This property looks like a bad Mid-Term investment with a projected -27.32% first-year return on $564k initial cash invested.

-27.32%

Cash On Cash

0.27%

Cap Rate

0.04

DSCR

$2,193

Rent

-$12,837

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $15,030 expenses = $12,837 out of pocket

Income$2,193Out of Pocket$12,837Mortgage P&I$13,339608%Property Taxes$352%Insurance$91041%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%

Investment Breakdown

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Purchase Price

$2600k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$564k

Downpayment

20%

$520k

Closing costs

1%

$25,998

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$15,030

Mortgage P&I

608%

$13,339

Property Taxes

2%

$35

Home Insurance

42%

$910

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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