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609 Chapman Ave, Glencoe, AL 35905

3 beds • 1 baths • 915 sqft

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This property might be a fair Airbnb investment with a projected 8.17% first-year return on $49,479 initial cash invested.

8.17%

Cash On Cash

9.68%

Cap Rate

1.55

DSCR

$2,301

Rent

$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $1,964 expenses = $337 cash flow

Income$2,301Mortgage P&I$78034%Property Taxes$281%Insurance$522%Management$34515%CapEx$924%Maintenance$924%Other$57525%Cash Flow$337

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,301

Total Expenses

$1,964

Mortgage P&I

34%

$780

Property Taxes

1%

$28

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$575

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