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592 1st Ave, Wetumpka, AL 36092

3 beds • 2 baths • 1170 sqft

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This property might be a fair Airbnb investment with a projected 2.49% first-year return on $66,090 initial cash invested.

2.49%

Cash On Cash

7.6%

Cap Rate

1.21

DSCR

$2,837

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,837 income − $2,700 expenses = $137 cash flow

Income$2,837Mortgage P&I$1,20042%Property Taxes$592%Insurance$803%Management$42615%CapEx$1134%Maintenance$1134%Other$70925%Cash Flow$137

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,837

Total Expenses

$2,700

Mortgage P&I

42%

$1,200

Property Taxes

2%

$59

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$709

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