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3600 Bay Front Rd, Mobile, AL 36605

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Airbnb investment with a projected -12.06% first-year return on $108k initial cash invested.

-12.06%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$2,436

Rent

-$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,436 income − $3,524 expenses = $1,088 out of pocket

Income$2,436Out of Pocket$1,088Mortgage P&I$2,13087%Property Taxes$763%Insurance$1506%Management$36515%CapEx$974%Maintenance$974%Other$60925%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,436

Total Expenses

$3,524

Mortgage P&I

87%

$2,130

Property Taxes

3%

$76

Home Insurance

6%

$150

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$609

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