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211 Edison Ave, Gadsden, AL 35904

3 beds • 3 baths • 2382 sqft

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This property looks like a bad Airbnb investment with a projected -9.34% first-year return on $87,405 initial cash invested.

-9.34%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$2,386

Rent

-$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,386 income − $3,066 expenses = $680 out of pocket

Income$2,386Out of Pocket$680Mortgage P&I$1,65369%Property Taxes$1506%Insurance$1195%Management$35815%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

|

Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,405

Downpayment

20%

$66,100

Closing costs

1%

$3,305

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,386

Total Expenses

$3,066

Mortgage P&I

69%

$1,653

Property Taxes

6%

$150

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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