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1078 Morrow Ave, Elba, AL 36323

3 beds • 2 baths • 1012 sqft

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This property could be a profitable Airbnb investment with a projected 20.28% first-year return on $48,450 initial cash invested.

20.28%

Cash On Cash

14.28%

Cap Rate

2.22

DSCR

$3,247

Rent

$819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $2,428 expenses = $819 cash flow

Income$3,247Mortgage P&I$77724%Property Taxes$411%Insurance$512%Management$48715%CapEx$1304%Maintenance$1304%Other$81225%Cash Flow$819

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,247

Total Expenses

$2,428

Mortgage P&I

24%

$777

Property Taxes

1%

$41

Home Insurance

2%

$51

HOA

0%

$0

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$812

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