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513 1st Ave N, Bessemer, AL 35020

3 beds • 1 baths • 1148 sqft

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This property could be a profitable Airbnb investment with a projected 26.38% first-year return on $42,570 initial cash invested.

26.38%

Cash On Cash

17.04%

Cap Rate

2.76

DSCR

$3,082

Rent

$936

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$117k

Downpayment

20.0%

Interest Rate

6.7%

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

$3,082

Total Expenses

$2,146

Mortgage P&I

20%

$602

Property Taxes

1%

$25

Home Insurance

1%

$41

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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ADR

Beds

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Distance

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3

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5

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$1,100

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2

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$2,850

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5

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