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115 Riverview Ln, Glencoe, AL 35905

3 beds • 3 baths • 2511 sqft

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This property looks like a bad Airbnb investment with a projected -5.24% first-year return on $99,774 initial cash invested.

-5.24%

Cash On Cash

4.98%

Cap Rate

0.84

DSCR

$3,340

Rent

-$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,774

Downpayment

20%

$77,880

Closing costs

1%

$3,894

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$3,776

Mortgage P&I

57%

$1,918

Property Taxes

3%

$114

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$501

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$835

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