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214 Chestnut Oak Dr, Florence, AL 35633

3 beds • 4 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -14.36% first-year return on $130k initial cash invested.

-14.36%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$2,881

Rent

-$1,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,881 income − $4,438 expenses = $1,557 out of pocket

Income$2,881Out of Pocket$1,557Mortgage P&I$2,67493%Property Taxes$1917%Insurance$1917%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,340

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,881

Total Expenses

$4,438

Mortgage P&I

93%

$2,674

Property Taxes

7%

$191

Home Insurance

7%

$191

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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