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1055 McNeil Ave, Mobile, AL 36609

3 beds • 2 baths • 1401 sqft

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This property looks like a bad Airbnb investment with a projected -1.75% first-year return on $68,379 initial cash invested.

-1.75%

Cash On Cash

6.44%

Cap Rate

1.01

DSCR

$2,771

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,771

Total Expenses

$2,871

Mortgage P&I

46%

$1,276

Property Taxes

7%

$180

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$693

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ADR

Beds

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Distance

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2

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3

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4

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2

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0.9 mi

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5

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2

1

0.9 mi

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

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5

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0.6 mi

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