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3970 Newman Rd, Mobile, AL 36695

3 beds • 2 baths • 2143 sqft

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This property looks like a bad Airbnb investment with a projected -5.36% first-year return on $83,478 initial cash invested.

-5.36%

Cash On Cash

4.98%

Cap Rate

0.83

DSCR

$2,678

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $3,051 expenses = $373 out of pocket

Income$2,678Out of Pocket$373Mortgage P&I$1,56158%Property Taxes$923%Insurance$1124%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$3,051

Mortgage P&I

58%

$1,561

Property Taxes

3%

$92

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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