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1611 Edwards St, Dolomite, AL 35061

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -8.78% first-year return on $56,829 initial cash invested.

-8.78%

Cash On Cash

3.91%

Cap Rate

0.63

DSCR

$1,685

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,685

Total Expenses

$2,101

Mortgage P&I

56%

$951

Property Taxes

16%

$277

Home Insurance

4%

$65

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$421

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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0.65 mi

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2

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4

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1.3 mi

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5

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0.6 mi

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2

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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