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103 Wethersfield Dr, Harvest, AL 35749

3 beds • 3 baths • 2649 sqft

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This property looks like a bad Airbnb investment with a projected -1.65% first-year return on $70,500 initial cash invested.

-1.65%

Cash On Cash

6.2%

Cap Rate

1

DSCR

$2,573

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,573

Total Expenses

$2,670

Mortgage P&I

50%

$1,286

Property Taxes

2%

$55

Home Insurance

3%

$88

HOA

0%

$6

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

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3.56 mi

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3

2

2.31 mi

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4

2

3.41 mi

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$1,825

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4

2.5

3.5 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

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$1,100

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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