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602 Maize St, Athens, AL 35611

3 beds • 2 baths • 2185 sqft

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This property looks like a bad Airbnb investment with a projected -6.52% first-year return on $81,147 initial cash invested.

-6.52%

Cash On Cash

4.57%

Cap Rate

0.77

DSCR

$2,415

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,415 income − $2,856 expenses = $441 out of pocket

Income$2,415Out of Pocket$441Mortgage P&I$1,49062%Property Taxes$984%Insurance$1084%Management$36215%CapEx$974%Maintenance$974%Other$60425%

Investment Breakdown

|

Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,147

Downpayment

20%

$60,140

Closing costs

1%

$3,007

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,415

Total Expenses

$2,856

Mortgage P&I

62%

$1,490

Property Taxes

4%

$98

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

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