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1506 Saint Paul St, Leeds, AL 35094

3 beds • 2 baths • 1704 sqft

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This property might be a fair Airbnb investment with a projected 6.7% first-year return on $63,045 initial cash invested.

6.7%

Cash On Cash

8.73%

Cap Rate

1.43

DSCR

$3,011

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,045

Downpayment

20%

$42,900

Closing costs

1%

$2,145

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,011

Total Expenses

$2,659

Mortgage P&I

36%

$1,089

Property Taxes

2%

$50

Home Insurance

2%

$75

HOA

0%

$0

Property Management

15%

$452

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$753

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Comparable Property

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ADR

Beds

Baths

Distance

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2

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3

1

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Dolly's Daydream 3/2 near Barber's in Leeds

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3

2

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Pet-Friendly Alabama Retreat w/ Deck & Patio!

$3,463

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3

2

6.44 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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