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2028 Sarah Ln, Decatur, AL 35603

3 beds • 3 baths • 2939 sqft

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This property looks like a bad Airbnb investment with a projected -10.78% first-year return on $119k initial cash invested.

-10.78%

Cash On Cash

3.45%

Cap Rate

0.59

DSCR

$3,115

Rent

-$1,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,783

Closing costs

1%

$4,789

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$4,180

Mortgage P&I

74%

$2,316

Property Taxes

4%

$125

Home Insurance

5%

$168

HOA

2%

$75

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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