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616 Cleveland St, Headland, AL 36345

3 beds • 2 baths • 1582 sqft

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This property looks like a bad Airbnb investment with a projected -1.79% first-year return on $61,113 initial cash invested.

-1.79%

Cash On Cash

6.28%

Cap Rate

1

DSCR

$2,182

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,182 income − $2,273 expenses = $91 out of pocket

Income$2,182Out of Pocket$91Mortgage P&I$1,07949%Property Taxes$653%Insurance$824%Management$32715%CapEx$874%Maintenance$874%Other$54625%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,113

Downpayment

20%

$41,060

Closing costs

1%

$2,053

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,182

Total Expenses

$2,273

Mortgage P&I

49%

$1,079

Property Taxes

3%

$65

Home Insurance

4%

$82

HOA

0%

$0

Property Management

15%

$327

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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