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3478 County Road 509, Hanceville, AL 35077

2 beds • 1 baths • 960 sqft

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This property might be a fair Airbnb investment with a projected 6.28% first-year return on $40,140 initial cash invested.

6.28%

Cash On Cash

8.95%

Cap Rate

1.4

DSCR

$1,896

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,140

Downpayment

20%

$26,800

Closing costs

1%

$1,340

Rehab

0%

$0

Furnishing

9%

$12,000

Cashflow

Total Income

$1,896

Total Expenses

$1,686

Mortgage P&I

38%

$713

Property Taxes

1%

$16

Home Insurance

2%

$47

HOA

0%

$0

Property Management

15%

$284

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

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