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208 S 8th St, Gadsden, AL 35903

2 beds • 1 baths • 897 sqft

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This property could be a profitable Airbnb investment with a projected 16.62% first-year return on $37,830 initial cash invested.

16.62%

Cash On Cash

12.02%

Cap Rate

2.01

DSCR

$2,340

Rent

$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$123k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,830

Downpayment

20%

$24,600

Closing costs

1%

$1,230

Rehab

0%

$0

Furnishing

10%

$12,000

Cashflow

Total Income

$2,340

Total Expenses

$1,816

Mortgage P&I

26%

$614

Property Taxes

2%

$35

Home Insurance

2%

$43

HOA

0%

$0

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

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