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308 Whaley Ave NE, Hanceville, AL 35077

3 beds • 2 baths • 1140 sqft

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This property might be a fair Airbnb investment with a projected 2.63% first-year return on $59,790 initial cash invested.

2.63%

Cash On Cash

7.47%

Cap Rate

1.23

DSCR

$2,421

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$2,290

Mortgage P&I

42%

$1,010

Property Taxes

2%

$48

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

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