REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

302 Jo Canyon Dr, Gadsden, AL 35905

3 beds • 3 baths • 2494 sqft

Email

This property might be a fair Airbnb investment with a projected 7.4% first-year return on $71,970 initial cash invested.

7.4%

Cash On Cash

8.55%

Cap Rate

1.47

DSCR

$3,635

Rent

$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,970

Downpayment

20%

$51,400

Closing costs

1%

$2,570

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,635

Total Expenses

$3,191

Mortgage P&I

34%

$1,243

Property Taxes

3%

$114

Home Insurance

2%

$90

HOA

0%

$0

Property Management

15%

$545

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$909

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Coosa River Hideaway

$2,692

$150

3

2.5

4.81 mi

Gigi’s Cottage

$3,410

$190

3

2

2.74 mi

Charming Gadsden Home w/ Golf Course Views!

$3,069

$171

3

2

3.68 mi

Gentle Breeze on the lake

$4,181

$233

3

2

4.9 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis