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59 Gore Rd, Boaz, AL 35957

3 beds • 2 baths • 1695 sqft

$2,599,777

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This property looks like a bad Airbnb investment with a projected -29.1% first-year return on $564k initial cash invested.

-29.1%

Cash On Cash

-0.13%

Cap Rate

-0.02

DSCR

$1,169

Rent

-$13,676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,169 income − $14,845 expenses = $13,676 out of pocket

Income$1,169Out of Pocket$13,676Mortgage P&I$13,3391141%Property Taxes$353%Insurance$91078%Management$17515%CapEx$474%Maintenance$474%Other$29225%

Investment Breakdown

|

Purchase Price

$2600k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$564k

Downpayment

20%

$520k

Closing costs

1%

$25,998

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,169

Total Expenses

$14,845

Mortgage P&I

1141%

$13,339

Property Taxes

3%

$35

Home Insurance

78%

$910

HOA

0%

$0

Property Management

15%

$175

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$292

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