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405 Mountain Dr, Gadsden, AL 35904

3 beds • 2 baths • 1386 sqft

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This property might be a fair Airbnb investment with a projected 1.65% first-year return on $58,341 initial cash invested.

1.65%

Cash On Cash

7.5%

Cap Rate

1.17

DSCR

$2,426

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $2,346 expenses = $80 cash flow

Income$2,426Mortgage P&I$1,02442%Property Taxes$884%Insurance$703%Management$36415%CapEx$974%Maintenance$974%Other$60625%Cash Flow$80

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,346

Mortgage P&I

42%

$1,024

Property Taxes

4%

$88

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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