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507 N College St, Glencoe, AL 35905

2 beds • 1 baths • 1050 sqft

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This property looks like a bad Airbnb investment with a projected -4.71% first-year return on $47,679 initial cash invested.

-4.71%

Cash On Cash

5.36%

Cap Rate

0.86

DSCR

$1,559

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,559 income − $1,746 expenses = $187 out of pocket

Income$1,559Out of Pocket$187Mortgage P&I$88457%Property Taxes$543%Insurance$604%Management$23415%CapEx$624%Maintenance$624%Other$39025%

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

$1,559

Total Expenses

$1,746

Mortgage P&I

57%

$884

Property Taxes

3%

$54

Home Insurance

4%

$60

HOA

0%

$0

Property Management

15%

$234

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$390

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