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120 Roy Dr, Madison, AL 35758

3 beds • 2 baths • 2161 sqft

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This property looks like a bad Airbnb investment with a projected -10.83% first-year return on $91,500 initial cash invested.

-10.83%

Cash On Cash

3.6%

Cap Rate

0.59

DSCR

$2,622

Rent

-$826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$3,448

Mortgage P&I

68%

$1,772

Property Taxes

11%

$295

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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Comparable Property

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Beds

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2

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2

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2

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5

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2

1

0.9 mi

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

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