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13039 Martin Rd, Northport, AL 35473

3 beds • 2 baths • 2467 sqft

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This property looks like a bad Airbnb investment with a projected -7.86% first-year return on $91,647 initial cash invested.

-7.86%

Cash On Cash

4.29%

Cap Rate

0.72

DSCR

$2,657

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,657 income − $3,257 expenses = $600 out of pocket

Income$2,657Out of Pocket$600Mortgage P&I$1,74866%Property Taxes$1064%Insurance$1285%Management$39915%CapEx$1064%Maintenance$1064%Other$66425%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,647

Downpayment

20%

$70,140

Closing costs

1%

$3,507

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,657

Total Expenses

$3,257

Mortgage P&I

66%

$1,748

Property Taxes

4%

$106

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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