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629 W Watson St, Andalusia, AL 36420

3 beds • 2 baths • 1398 sqft

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This property might be a fair Airbnb investment with a projected 7.81% first-year return on $49,290 initial cash invested.

7.81%

Cash On Cash

9.79%

Cap Rate

1.51

DSCR

$2,291

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,291 income − $1,970 expenses = $321 cash flow

Income$2,291Mortgage P&I$80235%Property Taxes$151%Insurance$522%Management$34415%CapEx$924%Maintenance$924%Other$57325%Cash Flow$321

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,291

Total Expenses

$1,970

Mortgage P&I

35%

$802

Property Taxes

1%

$15

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$573

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