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120 Water Oak Ct, Harvest, AL 35749

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -0.62% first-year return on $73,566 initial cash invested.

-0.62%

Cash On Cash

6.27%

Cap Rate

1.05

DSCR

$2,736

Rent

-$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,736 income − $2,774 expenses = $38 out of pocket

Income$2,736Out of Pocket$38Mortgage P&I$1,31148%Property Taxes$572%Insurance$943%Management$41015%CapEx$1094%Maintenance$1094%Other$68425%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,736

Total Expenses

$2,774

Mortgage P&I

48%

$1,311

Property Taxes

2%

$57

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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