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315 7th St NW, Alabaster, AL 35007

3 beds • 3 baths • 1631 sqft

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This property might be a fair Airbnb investment with a projected 2.37% first-year return on $69,996 initial cash invested.

2.37%

Cash On Cash

7.3%

Cap Rate

1.22

DSCR

$3,231

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,231 income − $3,093 expenses = $138 cash flow

Income$3,231Mortgage P&I$1,23938%Property Taxes$2127%Insurance$913%Management$48515%CapEx$1294%Maintenance$1294%Other$80825%Cash Flow$138

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,996

Downpayment

20%

$49,520

Closing costs

1%

$2,476

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,231

Total Expenses

$3,093

Mortgage P&I

38%

$1,239

Property Taxes

7%

$212

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$485

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$808

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