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2903 Elderberry Dr, Dothan, AL 36303

3 beds • 2 baths • 1712 sqft

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This property might be a fair Airbnb investment with a projected 5.77% first-year return on $58,425 initial cash invested.

5.77%

Cash On Cash

8.84%

Cap Rate

1.38

DSCR

$2,778

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,425

Downpayment

20%

$38,500

Closing costs

1%

$1,925

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,778

Total Expenses

$2,497

Mortgage P&I

37%

$1,026

Property Taxes

3%

$71

Home Insurance

2%

$67

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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