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3404 7th Ct S, Birmingham, AL 35222

3 beds • 2 baths • 2160 sqft

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This property might be a fair Airbnb investment with a projected 0.9% first-year return on $75,729 initial cash invested.

0.9%

Cash On Cash

6.77%

Cap Rate

1.14

DSCR

$3,228

Rent

$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $3,171 expenses = $57 cash flow

Income$3,228Mortgage P&I$1,36442%Property Taxes$1625%Insurance$963%Management$48415%CapEx$1294%Maintenance$1294%Other$80725%Cash Flow$57

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,228

Total Expenses

$3,171

Mortgage P&I

42%

$1,364

Property Taxes

5%

$162

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$807

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