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516 Parks Rd, Gardendale, AL 35071

2 beds • 1 baths • 1146 sqft

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This property might be a fair Airbnb investment with a projected 7.89% first-year return on $43,479 initial cash invested.

7.89%

Cash On Cash

9.41%

Cap Rate

1.47

DSCR

$2,276

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

8%

$12,000

Cashflow

Total Income

$2,276

Total Expenses

$1,990

Mortgage P&I

35%

$798

Property Taxes

2%

$48

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$569

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