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1581 Redland Rd, Wetumpka, AL 36093

3 beds • 3 baths • 2690 sqft

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This property looks like a bad Airbnb investment with a projected -20.21% first-year return on $118k initial cash invested.

-20.21%

Cash On Cash

1.49%

Cap Rate

0.23

DSCR

$1,465

Rent

-$1,995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,465 income − $3,460 expenses = $1,995 out of pocket

Income$1,465Out of Pocket$1,995Mortgage P&I$2,529173%Property Taxes$524%Insurance$17512%Management$22015%CapEx$594%Maintenance$594%Other$36625%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,660

Closing costs

1%

$4,783

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,465

Total Expenses

$3,460

Mortgage P&I

173%

$2,529

Property Taxes

4%

$52

Home Insurance

12%

$175

HOA

0%

$0

Property Management

15%

$220

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$366

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