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1633 6th Way NW, Birmingham, AL 35215

3 beds • 2 baths • 1918 sqft

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This property might be a fair Airbnb investment with a projected 1.09% first-year return on $67,287 initial cash invested.

1.09%

Cash On Cash

7.45%

Cap Rate

1.14

DSCR

$2,884

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,884 income − $2,823 expenses = $61 cash flow

Income$2,884Mortgage P&I$1,28144%Property Taxes$743%Insurance$843%Management$43315%CapEx$1154%Maintenance$1154%Other$72125%Cash Flow$61

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,287

Downpayment

20%

$46,940

Closing costs

1%

$2,347

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,884

Total Expenses

$2,823

Mortgage P&I

44%

$1,281

Property Taxes

3%

$74

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$433

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$721

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