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2321 Springdale Rd SE, Decatur, AL 35601

3 beds • 3 baths • 2527 sqft

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This property looks like a bad Airbnb investment with a projected -9.37% first-year return on $96,435 initial cash invested.

-9.37%

Cash On Cash

3.76%

Cap Rate

0.64

DSCR

$2,466

Rent

-$753

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,435

Downpayment

20%

$74,700

Closing costs

1%

$3,735

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,466

Total Expenses

$3,219

Mortgage P&I

74%

$1,824

Property Taxes

3%

$81

Home Insurance

5%

$130

HOA

0%

$0

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$616

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