624 James I Harrison Jr Pkwy, Tuscaloosa, AL 35405
3 beds • 2 baths • 1222 sqft
$214,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.24% first-year return on $45,129 initial cash invested.
-10.24%
Cash On Cash
4.94%
Cap Rate
0.73
DSCR
$1,296
Rent
-$385
Cashflow
Cash Flow
$1,296 income − $1,681 expenses = $385 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,296
Total Expenses
$1,681
Mortgage P&I
93%
$1,205
Property Taxes
5%
$63
Home Insurance
6%
$75
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0