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2511 College St SE, Decatur, AL 35601

3 beds • 2 baths • 2157 sqft

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This property looks like a bad Airbnb investment with a projected -6.18% first-year return on $87,384 initial cash invested.

-6.18%

Cash On Cash

4.59%

Cap Rate

0.79

DSCR

$2,845

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $3,295 expenses = $450 out of pocket

Income$2,845Out of Pocket$450Mortgage P&I$1,59956%Property Taxes$2117%Insurance$1194%Management$42715%CapEx$1144%Maintenance$1144%Other$71125%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,384

Downpayment

20%

$66,080

Closing costs

1%

$3,304

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,845

Total Expenses

$3,295

Mortgage P&I

56%

$1,599

Property Taxes

7%

$211

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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