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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 -13.38% first-year return on $113k initial cash invested.

-13.38%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$2,401

Rent

-$1,260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,401 income − $3,661 expenses = $1,260 out of pocket

Income$2,401Out of Pocket$1,260Mortgage P&I$2,24594%Property Taxes$944%Insurance$1707%Management$36015%CapEx$964%Maintenance$964%Other$60025%

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

$2,401

Total Expenses

$3,661

Mortgage P&I

94%

$2,245

Property Taxes

4%

$94

Home Insurance

7%

$170

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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