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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 -6.82% first-year return on $89,673 initial cash invested.

-6.82%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$2,800

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,800 income − $3,310 expenses = $510 out of pocket

Income$2,800Out of Pocket$510Mortgage P&I$1,69360%Property Taxes$1515%Insurance$1224%Management$42015%CapEx$1124%Maintenance$1124%Other$70025%

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

$2,800

Total Expenses

$3,310

Mortgage P&I

60%

$1,693

Property Taxes

5%

$151

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$700

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