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306 County Road 672, Hanceville, AL 35077

4 beds • 4 baths • 3093 sqft

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This property looks like a bad Airbnb investment with a projected -12.52% first-year return on $119k initial cash invested.

-12.52%

Cash On Cash

3.01%

Cap Rate

0.5

DSCR

$2,489

Rent

-$1,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$2,489

Total Expenses

$3,725

Mortgage P&I

91%

$2,263

Property Taxes

4%

$109

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$622

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