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$1,673 (target)

607 Pickwick St, Sheffield, AL 35660

3 beds • 3 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -5.83% first-year return on $51,051 initial cash invested.

-5.83%

Cash On Cash

5.74%

Cap Rate

0.88

DSCR

$1,673

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,673 income − $1,921 expenses = $248 out of pocket

Income$1,673Out of Pocket$248Mortgage P&I$1,32779%Property Taxes$724%Insurance$875%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,051

Downpayment

20%

$48,620

Closing costs

1%

$2,431

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,673

Total Expenses

$1,921

Mortgage P&I

79%

$1,327

Property Taxes

4%

$72

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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