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201 Summer Cove Cir NW, Madison, AL 35757

3 beds • 2 baths • 2190 sqft

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This property looks like a bad Airbnb investment with a projected -8.56% first-year return on $88,350 initial cash invested.

-8.56%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$2,548

Rent

-$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$3,178

Mortgage P&I

66%

$1,685

Property Taxes

5%

$136

Home Insurance

5%

$117

HOA

1%

$17

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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