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1602 Linwood Dr SW, Hartselle, AL 35640

3 beds • 2 baths • 1013 sqft

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This property looks like a bad Airbnb investment with a projected -1.87% first-year return on $62,100 initial cash invested.

-1.87%

Cash On Cash

6.1%

Cap Rate

0.99

DSCR

$2,101

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,101

Total Expenses

$2,198

Mortgage P&I

51%

$1,081

Property Taxes

2%

$35

Home Insurance

4%

$74

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$525

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Cottage by the Bowling Alley

$2,351

$112

3

1

2.29 mi

Spacious 2BR/2BA: Ideal for Families & Work Trips

$2,036

$97

2

2

1.03 mi

New Home, Walk to Downtown Hartselle

$2,015

$96

2

2

2.04 mi

Pleasant Lane

$2,015

$96

2

1

1.14 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 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

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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