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2216 Lancelot Dr SW, Decatur, AL 35603

3 beds • 2 baths • 2161 sqft

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This property looks like a bad Airbnb investment with a projected -2.42% first-year return on $84,171 initial cash invested.

-2.42%

Cash On Cash

5.81%

Cap Rate

0.97

DSCR

$3,084

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,171

Downpayment

20%

$63,020

Closing costs

1%

$3,151

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,084

Total Expenses

$3,254

Mortgage P&I

51%

$1,573

Property Taxes

3%

$82

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$463

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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