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13500 State Highway 168, Boaz, AL 35957

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -14.4% first-year return on $83,751 initial cash invested.

-14.4%

Cash On Cash

2.31%

Cap Rate

0.39

DSCR

$1,411

Rent

-$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,411 income − $2,416 expenses = $1,005 out of pocket

Income$1,411Out of Pocket$1,005Mortgage P&I$1,553110%Property Taxes$725%Insurance$1148%Management$21215%CapEx$564%Maintenance$564%Other$35325%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,411

Total Expenses

$2,416

Mortgage P&I

110%

$1,553

Property Taxes

5%

$72

Home Insurance

8%

$114

HOA

0%

$0

Property Management

15%

$212

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$353

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