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5222 Northwood Lake Dr E, Northport, AL 35473

4 beds • 3 baths • 3889 sqft

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This property might be a fair Airbnb investment with a projected 3.92% first-year return on $131k initial cash invested.

3.92%

Cash On Cash

7.64%

Cap Rate

1.27

DSCR

$6,382

Rent

$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$102k

Closing costs

1%

$5,107

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$6,382

Total Expenses

$5,953

Mortgage P&I

40%

$2,568

Property Taxes

2%

$107

Home Insurance

3%

$186

HOA

0%

$29

Property Management

15%

$957

CapEx

4%

$255

Vacancy

0%

$0

Maintenance

4%

$255

Other

25%

$1,596

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