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5065 County Road 223, Hanceville, AL 35077

3 beds • 3 baths • 2152 sqft

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This property might be a fair Airbnb investment with a projected 6% first-year return on $59,979 initial cash invested.

6%

Cash On Cash

8.55%

Cap Rate

1.4

DSCR

$2,720

Rent

$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,720

Total Expenses

$2,420

Mortgage P&I

37%

$1,015

Property Taxes

1%

$29

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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