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415 Highland Dr, Arab, AL 35016

3 beds • 2 baths • 1521 sqft

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This property might be a fair Airbnb investment with a projected 0.31% first-year return on $74,238 initial cash invested.

0.31%

Cash On Cash

6.55%

Cap Rate

1.1

DSCR

$2,883

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,238

Downpayment

20%

$53,560

Closing costs

1%

$2,678

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$2,864

Mortgage P&I

46%

$1,327

Property Taxes

2%

$58

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$721

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