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1031 Kings Forest Dr, Leeds, AL 35094

3 beds • 2 baths • 2139 sqft

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This property looks like a bad Airbnb investment with a projected -13.97% first-year return on $79,992 initial cash invested.

-13.97%

Cash On Cash

2.45%

Cap Rate

0.41

DSCR

$1,504

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,504 income − $2,435 expenses = $931 out of pocket

Income$1,504Out of Pocket$931Mortgage P&I$1,47398%Property Taxes$1359%Insurance$1057%Management$22615%CapEx$604%Maintenance$604%Other$37625%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,992

Downpayment

20%

$59,040

Closing costs

1%

$2,952

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,504

Total Expenses

$2,435

Mortgage P&I

98%

$1,473

Property Taxes

9%

$135

Home Insurance

7%

$105

HOA

0%

$0

Property Management

15%

$226

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$376

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