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609 Chapman Ave, Glencoe, AL 35905

3 beds • 1 baths • 915 sqft

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This property could be a profitable Airbnb investment with a projected 11.5% first-year return on $49,479 initial cash invested.

11.5%

Cash On Cash

10.86%

Cap Rate

1.74

DSCR

$2,562

Rent

$474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$2,562

Total Expenses

$2,088

Mortgage P&I

30%

$780

Property Taxes

1%

$28

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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