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15114 Balsam Dr SE, Huntsville, AL 35803

3 beds • 2 baths • 1445 sqft

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This property looks like a bad Airbnb investment with a projected -2.05% first-year return on $73,650 initial cash invested.

-2.05%

Cash On Cash

5.7%

Cap Rate

0.98

DSCR

$2,549

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,549

Total Expenses

$2,675

Mortgage P&I

50%

$1,282

Property Taxes

3%

$77

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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