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51 S Catherine St, Mobile, AL 36604

3 beds • 2 baths • 1931 sqft

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This property looks like a bad Airbnb investment with a projected -3.27% first-year return on $86,712 initial cash invested.

-3.27%

Cash On Cash

5.53%

Cap Rate

0.93

DSCR

$3,112

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $3,348 expenses = $236 out of pocket

Income$3,112Out of Pocket$236Mortgage P&I$1,62152%Property Taxes$1083%Insurance$1264%Management$46715%CapEx$1244%Maintenance$1244%Other$77825%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$3,348

Mortgage P&I

52%

$1,621

Property Taxes

3%

$108

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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