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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 1.65% first-year return on $74,238 initial cash invested.

1.65%

Cash On Cash

6.95%

Cap Rate

1.17

DSCR

$3,046

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $2,944 expenses = $102 cash flow

Income$3,046Mortgage P&I$1,32744%Property Taxes$582%Insurance$963%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%Cash Flow$102

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

$3,046

Total Expenses

$2,944

Mortgage P&I

44%

$1,327

Property Taxes

2%

$58

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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