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199 Monica Ave, Decatur, AL 35603

3 beds • 2 baths • 1522 sqft

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This property looks like a bad Airbnb investment with a projected -1.31% first-year return on $71,550 initial cash invested.

-1.31%

Cash On Cash

6.02%

Cap Rate

1.02

DSCR

$2,574

Rent

-$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$2,652

Mortgage P&I

49%

$1,255

Property Taxes

3%

$72

Home Insurance

3%

$89

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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