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263 Morgan Ave, Mobile, AL 36606

3 beds • 2 baths • 1107 sqft

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This property might be a fair Airbnb investment with a projected 6.48% first-year return on $63,885 initial cash invested.

6.48%

Cash On Cash

8.89%

Cap Rate

1.41

DSCR

$3,221

Rent

$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,885

Downpayment

20%

$43,700

Closing costs

1%

$2,185

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,221

Total Expenses

$2,876

Mortgage P&I

36%

$1,145

Property Taxes

3%

$109

Home Insurance

2%

$76

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$805

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