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2245 McGwier Dr, Birmingham, AL 35226

3 beds • 2 baths • 2306 sqft

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This property looks like a bad Airbnb investment with a projected -19.06% first-year return on $91,227 initial cash invested.

-19.06%

Cash On Cash

1.34%

Cap Rate

0.22

DSCR

$1,199

Rent

-$1,449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,199 income − $2,648 expenses = $1,449 out of pocket

Income$1,199Out of Pocket$1,449Mortgage P&I$1,789149%Property Taxes$14812%Insurance$13511%Management$18015%CapEx$484%Maintenance$484%Other$30025%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,227

Downpayment

20%

$69,740

Closing costs

1%

$3,487

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,199

Total Expenses

$2,648

Mortgage P&I

149%

$1,789

Property Taxes

12%

$148

Home Insurance

11%

$135

HOA

0%

$0

Property Management

15%

$180

CapEx

4%

$48

Vacancy

0%

$0

Maintenance

4%

$48

Other

25%

$300

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