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2209 College St SE, Decatur, AL 35601

3 beds • 2 baths • 2109 sqft

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This property looks like a bad Airbnb investment with a projected -4.43% first-year return on $80,790 initial cash invested.

-4.43%

Cash On Cash

5.27%

Cap Rate

0.87

DSCR

$2,682

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$2,980

Mortgage P&I

56%

$1,504

Property Taxes

3%

$85

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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