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$2,746 (target)

732 Wheeler Dr NE, Arab, AL 35016

3 beds • 2 baths • 2270 sqft

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This property looks like a bad Mid-Term investment with a projected -2.48% first-year return on $92,340 initial cash invested.

-2.48%

Cash On Cash

5.77%

Cap Rate

0.95

DSCR

$2,746

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,746 income − $2,937 expenses = $191 out of pocket

Income$2,746Out of Pocket$191Mortgage P&I$1,78265%Property Taxes$974%Insurance$1245%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,340

Downpayment

20%

$70,800

Closing costs

1%

$3,540

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,746

Total Expenses

$2,937

Mortgage P&I

65%

$1,782

Property Taxes

4%

$97

Home Insurance

5%

$124

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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