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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 -4.92% first-year return on $90,702 initial cash invested.

-4.92%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$3,228

Rent

-$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $3,600 expenses = $372 out of pocket

Income$3,228Out of Pocket$372Mortgage P&I$1,73354%Property Taxes$1966%Insurance$1224%Management$48415%CapEx$1294%Maintenance$1294%Other$80725%

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

$3,228

Total Expenses

$3,600

Mortgage P&I

54%

$1,733

Property Taxes

6%

$196

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$807

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