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 Mid-Term investment with a projected -1.14% first-year return on $63,129 initial cash invested.
-1.14%
Cash On Cash
6.83%
Cap Rate
1.01
DSCR
$1,944
Rent
-$60
Cashflow
Cash Flow
$1,944 income − $2,004 expenses = $60 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,944
Total Expenses
$2,004
Mortgage P&I
62%
$1,205
Property Taxes
3%
$63
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214