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2286 Russet Meadows Ter, Birmingham, AL 35244

3 beds • 2 baths • 1531 sqft

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This property looks like a bad Airbnb investment with a projected -4.74% first-year return on $78,165 initial cash invested.

-4.74%

Cash On Cash

5.08%

Cap Rate

0.85

DSCR

$2,547

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $2,856 expenses = $309 out of pocket

Income$2,547Out of Pocket$309Mortgage P&I$1,41956%Property Taxes$994%Insurance$1084%HOA$7Management$38215%CapEx$1024%Maintenance$1024%Other$63725%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,165

Downpayment

20%

$57,300

Closing costs

1%

$2,865

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,547

Total Expenses

$2,856

Mortgage P&I

56%

$1,419

Property Taxes

4%

$99

Home Insurance

4%

$108

HOA

0%

$7

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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