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2308 Masters Rd, Gardendale, AL 35071

3 beds • 3 baths • 1392 sqft

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This property might be a fair Airbnb investment with a projected 0.66% first-year return on $67,623 initial cash invested.

0.66%

Cash On Cash

6.93%

Cap Rate

1.12

DSCR

$2,786

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,623

Downpayment

20%

$47,260

Closing costs

1%

$2,363

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,786

Total Expenses

$2,749

Mortgage P&I

44%

$1,216

Property Taxes

4%

$113

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

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Comparable Property

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ADR

Beds

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5

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2

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$2,850

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