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8413 Thomas Ave, Leeds, AL 35094

3 beds • 1 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -9.46% first-year return on $51,744 initial cash invested.

-9.46%

Cash On Cash

4.6%

Cap Rate

0.74

DSCR

$1,400

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,744

Downpayment

20%

$49,280

Closing costs

1%

$2,464

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,400

Total Expenses

$1,808

Mortgage P&I

92%

$1,283

Property Taxes

5%

$73

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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