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5920 Creekwood Rd, Birmingham, AL 35210

3 beds • 2 baths • 1180 sqft

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This property looks like a bad Airbnb investment with a projected -5.67% first-year return on $57,375 initial cash invested.

-5.67%

Cash On Cash

5.22%

Cap Rate

0.8

DSCR

$1,836

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,836 income − $2,107 expenses = $271 out of pocket

Income$1,836Out of Pocket$271Mortgage P&I$1,01355%Property Taxes$1458%Insurance$694%Management$27515%CapEx$734%Maintenance$734%Other$45925%

Investment Breakdown

|

Purchase Price

$188k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,375

Downpayment

20%

$37,500

Closing costs

1%

$1,875

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,836

Total Expenses

$2,107

Mortgage P&I

55%

$1,013

Property Taxes

8%

$145

Home Insurance

4%

$69

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$459

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