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301 S Oak Ridge Dr, Enterprise, AL 36330

3 beds • 2 baths • 2569 sqft

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This property looks like a bad Airbnb investment with a projected -11.07% first-year return on $110k initial cash invested.

-11.07%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$2,816

Rent

-$1,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,816 income − $3,834 expenses = $1,018 out of pocket

Income$2,816Out of Pocket$1,018Mortgage P&I$2,20378%Property Taxes$1254%Insurance$1545%Management$42215%CapEx$1134%Maintenance$1134%Other$70425%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,816

Total Expenses

$3,834

Mortgage P&I

78%

$2,203

Property Taxes

4%

$125

Home Insurance

5%

$154

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$704

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