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$1,978 (target)

708 Locke Dr, Oxford, AL 36203

3 beds • 2 baths • 1807 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $63,969 initial cash invested.

0%

Cash On Cash

6.87%

Cap Rate

1.07

DSCR

$1,978

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $1,978 expenses = $0 cash flow

Income$1,978Mortgage P&I$1,17559%Property Taxes$523%Insurance$794%Management$23712%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,969

Downpayment

20%

$43,780

Closing costs

1%

$2,189

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,978

Total Expenses

$1,978

Mortgage P&I

59%

$1,175

Property Taxes

3%

$52

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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