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6222 Mimosa Gardens Cir, Tuscaloosa, AL 35405

3 beds • 2 baths • 1246 sqft

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This property looks like a bad Long-Term investment with a projected -1.22% first-year return on $45,192 initial cash invested.

-1.22%

Cash On Cash

6.27%

Cap Rate

1.03

DSCR

$1,570

Rent

-$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,192

Downpayment

20%

$43,040

Closing costs

1%

$2,152

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,570

Total Expenses

$1,616

Mortgage P&I

70%

$1,092

Property Taxes

3%

$42

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

6208 Mimosa Gardens Dr, Tuscaloosa, AL 35405

$1,550

3

2

1419

0.1 mi

126 Wexford Way, Tuscaloosa, AL 35405

$1,606

3

2

1248

2.4 mi

6225 Mimosa Gardens Cir, Tuscaloosa, AL 35405

$1,650

3

2

1500

0 mi

9729 Moonlight Dr, Tuscaloosa, AL 35405

$1,500

3

2

1278

2.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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