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2011 Croft Ferry Rd E, Gadsden, AL 35903

3 beds • 2 baths • 1264 sqft

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This property looks like a bad Airbnb investment with a projected -8.74% first-year return on $47,379 initial cash invested.

-8.74%

Cash On Cash

3.85%

Cap Rate

0.59

DSCR

$941

Rent

-$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$941 income − $1,286 expenses = $345 out of pocket

Income$941Out of Pocket$345Mortgage P&I$75680%Property Taxes$293%Insurance$495%Management$14115%CapEx$384%Maintenance$384%Other$23525%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$941

Total Expenses

$1,286

Mortgage P&I

80%

$756

Property Taxes

3%

$29

Home Insurance

5%

$49

HOA

0%

$0

Property Management

15%

$141

CapEx

4%

$38

Vacancy

0%

$0

Maintenance

4%

$38

Other

25%

$235

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