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2000 Chelsea Park Bnd, Chelsea, AL 35043

3 beds • 2 baths • 1649 sqft

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This property looks like a bad Airbnb investment with a projected -13.2% first-year return on $97,380 initial cash invested.

-13.2%

Cash On Cash

3.06%

Cap Rate

0.5

DSCR

$2,322

Rent

-$1,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $3,393 expenses = $1,071 out of pocket

Income$2,322Out of Pocket$1,071Mortgage P&I$1,94284%Property Taxes$1547%Insurance$1326%HOA$512%Management$34815%CapEx$934%Maintenance$934%Other$58025%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,380

Downpayment

20%

$75,600

Closing costs

1%

$3,780

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$3,393

Mortgage P&I

84%

$1,942

Property Taxes

7%

$154

Home Insurance

6%

$132

HOA

2%

$51

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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