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6407 Halcyon Dr, Montgomery, AL 36117

4 beds • 3 baths • 2814 sqft

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This property looks like a bad Long-Term investment with a projected -4.87% first-year return on $81,879 initial cash invested.

-4.87%

Cash On Cash

5.27%

Cap Rate

0.89

DSCR

$2,470

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$2,802

Mortgage P&I

78%

$1,920

Property Taxes

4%

$103

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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4

3

2739

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4

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3

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1.5 mi

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2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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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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