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2172 Chelsea Park Bnd, Chelsea, AL 35043

3 beds • 2 baths • 1649 sqft

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This property looks like a bad Airbnb investment with a projected -11.52% first-year return on $104k initial cash invested.

-11.52%

Cash On Cash

3.39%

Cap Rate

0.56

DSCR

$2,694

Rent

-$994

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $3,688 expenses = $994 out of pocket

Income$2,694Out of Pocket$994Mortgage P&I$2,03576%Property Taxes$1666%Insurance$1425%HOA$512%Management$40415%CapEx$1084%Maintenance$1084%Other$67425%

Investment Breakdown

|

Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,445

Closing costs

1%

$4,072

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$3,688

Mortgage P&I

76%

$2,035

Property Taxes

6%

$166

Home Insurance

5%

$142

HOA

2%

$51

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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