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420 Pinewood Ave, Glencoe, AL 35905

4 beds • 4 baths • 3581 sqft

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This property looks like a bad Airbnb investment with a projected -11.88% first-year return on $145k initial cash invested.

-11.88%

Cash On Cash

3.29%

Cap Rate

0.55

DSCR

$3,527

Rent

-$1,435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,527 income − $4,962 expenses = $1,435 out of pocket

Income$3,527Out of Pocket$1,435Mortgage P&I$2,87481%Property Taxes$1855%Insurance$2106%Management$52915%CapEx$1414%Maintenance$1414%Other$88225%

Investment Breakdown

|

Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$115k

Closing costs

1%

$5,759

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,527

Total Expenses

$4,962

Mortgage P&I

81%

$2,874

Property Taxes

5%

$185

Home Insurance

6%

$210

HOA

0%

$0

Property Management

15%

$529

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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