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507 N College St, Glencoe, AL 35905

2 beds • 1 baths • 1050 sqft

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This property might be a fair Airbnb investment with a projected 0.76% first-year return on $47,679 initial cash invested.

0.76%

Cash On Cash

7.01%

Cap Rate

1.12

DSCR

$1,977

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

7%

$12,000

Cashflow

Total Income

$1,977

Total Expenses

$1,947

Mortgage P&I

45%

$884

Property Taxes

3%

$54

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$494

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