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126 Golden Harvest Dr, New Market, AL 35761

3 beds • 3 baths • 2834 sqft

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This property looks like a bad Airbnb investment with a projected -7.49% first-year return on $107k initial cash invested.

-7.49%

Cash On Cash

4.5%

Cap Rate

0.75

DSCR

$3,324

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,324 income − $3,994 expenses = $670 out of pocket

Income$3,324Out of Pocket$670Mortgage P&I$2,13164%Property Taxes$1153%Insurance$1525%Management$49915%CapEx$1334%Maintenance$1334%Other$83125%

Investment Breakdown

|

Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,100

Closing costs

1%

$4,255

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,324

Total Expenses

$3,994

Mortgage P&I

64%

$2,131

Property Taxes

3%

$115

Home Insurance

5%

$152

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$831

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