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601 Ronnie Dr SE, Hartselle, AL 35640

3 beds • 3 baths • 2290 sqft

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This property looks like a bad Airbnb investment with a projected -9.04% first-year return on $105k initial cash invested.

-9.04%

Cash On Cash

3.91%

Cap Rate

0.67

DSCR

$2,929

Rent

-$789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,929 income − $3,718 expenses = $789 out of pocket

Income$2,929Out of Pocket$789Mortgage P&I$2,01869%Property Taxes$1194%Insurance$1475%HOA$291%Management$43915%CapEx$1174%Maintenance$1174%Other$73225%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,640

Closing costs

1%

$4,132

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,929

Total Expenses

$3,718

Mortgage P&I

69%

$2,018

Property Taxes

4%

$119

Home Insurance

5%

$147

HOA

1%

$29

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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