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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 -20.6% first-year return on $118k initial cash invested.

-20.6%

Cash On Cash

1.38%

Cap Rate

0.22

DSCR

$1,392

Rent

-$2,033

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,392 income − $3,425 expenses = $2,033 out of pocket

Income$1,392Out of Pocket$2,033Mortgage P&I$2,529182%Property Taxes$524%Insurance$17513%Management$20915%CapEx$564%Maintenance$564%Other$34825%

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

$1,392

Total Expenses

$3,425

Mortgage P&I

182%

$2,529

Property Taxes

4%

$52

Home Insurance

13%

$175

HOA

0%

$0

Property Management

15%

$209

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$348

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