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114 Twin Springs Dr, Harvest, AL 35749

3 beds • 2 baths • 2185 sqft

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This property looks like a bad Airbnb investment with a projected -13.36% first-year return on $96,036 initial cash invested.

-13.36%

Cash On Cash

2.6%

Cap Rate

0.45

DSCR

$1,920

Rent

-$1,069

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,036

Downpayment

20%

$74,320

Closing costs

1%

$3,716

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,920

Total Expenses

$2,989

Mortgage P&I

94%

$1,797

Property Taxes

5%

$103

Home Insurance

7%

$131

HOA

2%

$36

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$480

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$2,146

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3

2

2.54 mi

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3

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2.77 mi

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3

1.5

3.16 mi

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$2,101

$141

3

1.5

3.2 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 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

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

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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