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1033 Highgrove Hts, Harvest, AL 35749

3 beds • 2 baths • 1334 sqft

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This property looks like a bad Airbnb investment with a projected -6.53% first-year return on $71,151 initial cash invested.

-6.53%

Cash On Cash

4.37%

Cap Rate

0.75

DSCR

$2,090

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,090 income − $2,477 expenses = $387 out of pocket

Income$2,090Out of Pocket$387Mortgage P&I$1,22559%Property Taxes$1266%Insurance$934%HOA$291%Management$31415%CapEx$844%Maintenance$844%Other$52225%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,151

Downpayment

20%

$50,620

Closing costs

1%

$2,531

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,090

Total Expenses

$2,477

Mortgage P&I

59%

$1,225

Property Taxes

6%

$126

Home Insurance

4%

$93

HOA

1%

$29

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$522

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