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125 Cedar Cove Dr, Pelham, AL 35124

3 beds • 3 baths • 2169 sqft

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This property looks like a bad Airbnb investment with a projected -6.91% first-year return on $89,673 initial cash invested.

-6.91%

Cash On Cash

4.53%

Cap Rate

0.76

DSCR

$2,787

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $3,303 expenses = $516 out of pocket

Income$2,787Out of Pocket$516Mortgage P&I$1,69361%Property Taxes$1515%Insurance$1224%Management$41815%CapEx$1114%Maintenance$1114%Other$69725%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,673

Downpayment

20%

$68,260

Closing costs

1%

$3,413

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$3,303

Mortgage P&I

61%

$1,693

Property Taxes

5%

$151

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$697

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