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2262 Smokey Rd, Alabaster, AL 35007

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -13.32% first-year return on $113k initial cash invested.

-13.32%

Cash On Cash

2.88%

Cap Rate

0.48

DSCR

$2,410

Rent

-$1,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,410 income − $3,665 expenses = $1,255 out of pocket

Income$2,410Out of Pocket$1,255Mortgage P&I$2,24593%Property Taxes$944%Insurance$1707%Management$36215%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,520

Closing costs

1%

$4,526

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,410

Total Expenses

$3,665

Mortgage P&I

93%

$2,245

Property Taxes

4%

$94

Home Insurance

7%

$170

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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