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10713 Rigby Dr, Mobile, AL 36695

4 beds • 3 baths • 3145 sqft

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This property looks like a bad Airbnb investment with a projected -2.28% first-year return on $105k initial cash invested.

-2.28%

Cash On Cash

5.65%

Cap Rate

0.97

DSCR

$3,761

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$76,940

Closing costs

1%

$3,847

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,761

Total Expenses

$3,960

Mortgage P&I

49%

$1,860

Property Taxes

4%

$146

Home Insurance

4%

$150

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

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3

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3

2

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3

2

3.7 mi

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4

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

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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

$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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