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1450A Dykes Rd N, Mobile, AL 36608

4 beds • 3 baths • 1979 sqft

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This property looks like a bad Airbnb investment with a projected -3.23% first-year return on $92,250 initial cash invested.

-3.23%

Cash On Cash

5.58%

Cap Rate

0.92

DSCR

$3,112

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$3,112

Total Expenses

$3,360

Mortgage P&I

53%

$1,634

Property Taxes

4%

$119

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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4

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3

2

4.18 mi

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$3,733

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3

2

6.15 mi

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$3,033

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3

2

6.75 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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