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2035 East Cir, Alexander City, AL 35010

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -7.86% first-year return on $56,787 initial cash invested.

-7.86%

Cash On Cash

4.4%

Cap Rate

0.68

DSCR

$1,446

Rent

-$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,446 income − $1,818 expenses = $372 out of pocket

Income$1,446Out of Pocket$372Mortgage P&I$99169%Property Taxes$665%Insurance$665%Management$21715%CapEx$584%Maintenance$584%Other$36225%

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,787

Downpayment

20%

$36,940

Closing costs

1%

$1,847

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,446

Total Expenses

$1,818

Mortgage P&I

69%

$991

Property Taxes

5%

$66

Home Insurance

5%

$66

HOA

0%

$0

Property Management

15%

$217

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$362

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