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11947 Graceland Rd, Northport, AL 35475

3 beds • 3 baths • 2771 sqft

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This property could be a profitable Airbnb investment with a projected 42.29% first-year return on $113k initial cash invested.

42.29%

Cash On Cash

17.94%

Cap Rate

2.97

DSCR

$12,444

Rent

$3,965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$12,444

Total Expenses

$8,479

Mortgage P&I

18%

$2,263

Property Taxes

1%

$84

Home Insurance

1%

$158

HOA

0%

$0

Property Management

15%

$1,867

CapEx

4%

$498

Vacancy

0%

$0

Maintenance

4%

$498

Other

25%

$3,111

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