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1321 Kentucky Ave, Gadsden, AL 35903

4 beds • 1 baths • 1942 sqft

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This property could be a profitable Airbnb investment with a projected 54.42% first-year return on $38,700 initial cash invested.

54.42%

Cash On Cash

38.9%

Cap Rate

6.5

DSCR

$4,125

Rent

$1,755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$69,999

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,700

Downpayment

20%

$14,000

Closing costs

1%

$700

Rehab

0%

$0

Furnishing

34%

$24,000

Cashflow

Total Income

$4,125

Total Expenses

$2,370

Mortgage P&I

8%

$349

Property Taxes

0%

$17

Home Insurance

1%

$24

HOA

0%

$0

Property Management

15%

$619

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,031

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