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27 Ward Haven Dr, Wedowee, AL 36278

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -19.63% first-year return on $127k initial cash invested.

-19.63%

Cash On Cash

1.34%

Cap Rate

0.22

DSCR

$1,546

Rent

-$2,080

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,546 income − $3,626 expenses = $2,080 out of pocket

Income$1,546Out of Pocket$2,080Mortgage P&I$2,599168%Property Taxes$986%Insurance$18712%Management$23215%CapEx$624%Maintenance$624%Other$38625%

Investment Breakdown

|

Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,197

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,546

Total Expenses

$3,626

Mortgage P&I

168%

$2,599

Property Taxes

6%

$98

Home Insurance

12%

$187

HOA

0%

$0

Property Management

15%

$232

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$386

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