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1824 Poplar Dr, Gardendale, AL 35071

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Airbnb investment with a projected -4.79% first-year return on $78,900 initial cash invested.

-4.79%

Cash On Cash

5.15%

Cap Rate

0.85

DSCR

$2,546

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,546

Total Expenses

$2,861

Mortgage P&I

57%

$1,458

Property Taxes

3%

$79

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Home In Gardendale: Family Friendly + WIFI

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3

2

1.85 mi

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3

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3

2

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3

2.5

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4

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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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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