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303 Wheeler St NW, Hartselle, AL 35640

3 beds • 3 baths • 2681 sqft

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This property looks like a bad Airbnb investment with a projected -9.92% first-year return on $95,091 initial cash invested.

-9.92%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$2,481

Rent

-$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,481

Total Expenses

$3,267

Mortgage P&I

74%

$1,846

Property Taxes

4%

$100

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$620

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Comparable Property

Rent

ADR

Beds

Baths

Distance

*Downtown Cottage* —Central Location—

$3,852

$189

3

2.5

0.75 mi

The FARMish House - Near Downtown Hartselle & I65

$2,873

$141

3

2

1.24 mi

Hartselle-Walk to JP Cain, Near Downtown, King bed

$3,057

$150

3

2

1.3 mi

New Home, Walk to Downtown Hartselle

$1,956

$96

2

2

0.36 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

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