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619 Farrah Cir, Dothan, AL 36301

3 beds • 3 baths • 2350 sqft

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This property looks like a bad Airbnb investment with a projected -3.08% first-year return on $80,538 initial cash invested.

-3.08%

Cash On Cash

5.65%

Cap Rate

0.94

DSCR

$2,809

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,538

Downpayment

20%

$59,560

Closing costs

1%

$2,978

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,809

Total Expenses

$3,016

Mortgage P&I

53%

$1,498

Property Taxes

2%

$66

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Best Rest-Turn ~ 3BR/3BA Dothan ~ Short/Long Term

$3,307

$151

3

3

0.2 mi

Quiet & Comfy ~ 3BR/3BA Short & Long Term Stay

$3,285

$150

3

3

0.24 mi

Feeling Beachy ~ 3BR/3BA Short & Long Term Stay

$3,022

$138

3

3

0.32 mi

Sedona Hideaway 3/2 Dothan, Alabama

$2,913

$133

3

2

0.53 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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