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1558 Chace Way, Hoover, AL 35244

3 beds • 3 baths • 1904 sqft

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This property looks like a bad Airbnb investment with a projected -9.83% first-year return on $120k initial cash invested.

-9.83%

Cash On Cash

3.99%

Cap Rate

0.66

DSCR

$3,757

Rent

-$982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,980

Closing costs

1%

$4,849

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,757

Total Expenses

$4,739

Mortgage P&I

65%

$2,446

Property Taxes

7%

$245

Home Insurance

5%

$170

HOA

2%

$75

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$939

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