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469 County Road 262, Hanceville, AL 35077

3 beds • 3 baths • 2838 sqft

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This property looks like a bad Airbnb investment with a projected -5.47% first-year return on $88,644 initial cash invested.

-5.47%

Cash On Cash

4.97%

Cap Rate

0.83

DSCR

$2,786

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,786 income − $3,190 expenses = $404 out of pocket

Income$2,786Out of Pocket$404Mortgage P&I$1,68560%Property Taxes$472%Insurance$1224%Management$41815%CapEx$1114%Maintenance$1114%Other$69625%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,786

Total Expenses

$3,190

Mortgage P&I

60%

$1,685

Property Taxes

2%

$47

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

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