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502 Hill Ave, Glencoe, AL 35905

3 beds • 2 baths • 0 sqft

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This property could be a profitable Airbnb investment with a projected 18.35% first-year return on $42,570 initial cash invested.

18.35%

Cash On Cash

14.1%

Cap Rate

2.22

DSCR

$2,631

Rent

$651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,631 income − $1,980 expenses = $651 cash flow

Income$2,631Mortgage P&I$61924%Property Taxes$693%Insurance$291%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%Cash Flow$651

Investment Breakdown

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Purchase Price

$117k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,570

Downpayment

20%

$23,400

Closing costs

1%

$1,170

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$1,980

Mortgage P&I

24%

$619

Property Taxes

3%

$69

Home Insurance

1%

$29

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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