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$2,408 (target)

6219 37th Ct NE, Tuscaloosa, AL 35406

3 beds • 2 baths • 2330 sqft

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This property looks like a bad Long-Term investment with a projected -2.76% first-year return on $69,111 initial cash invested.

-2.76%

Cash On Cash

6.16%

Cap Rate

0.98

DSCR

$2,408

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,408 income − $2,567 expenses = $159 out of pocket

Income$2,408Out of Pocket$159Mortgage P&I$1,72972%Property Taxes$944%Insurance$1195%Management$24110%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,111

Downpayment

20%

$65,820

Closing costs

1%

$3,291

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,408

Total Expenses

$2,567

Mortgage P&I

72%

$1,729

Property Taxes

4%

$94

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$241

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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