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429 S Fork Cir, Hoover, AL 35244

3 beds • 2 baths • 2566 sqft

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This property looks like a bad Airbnb investment with a projected -10.32% first-year return on $90,702 initial cash invested.

-10.32%

Cash On Cash

3.64%

Cap Rate

0.61

DSCR

$2,446

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,446 income − $3,226 expenses = $780 out of pocket

Income$2,446Out of Pocket$780Mortgage P&I$1,73371%Property Taxes$1968%Insurance$1225%Management$36715%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,702

Downpayment

20%

$69,240

Closing costs

1%

$3,462

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,446

Total Expenses

$3,226

Mortgage P&I

71%

$1,733

Property Taxes

8%

$196

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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