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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 8.69% first-year return on $49,290 initial cash invested.

8.69%

Cash On Cash

10.09%

Cap Rate

1.56

DSCR

$2,358

Rent

$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,358 income − $2,001 expenses = $357 cash flow

Income$2,358Mortgage P&I$80234%Property Taxes$151%Insurance$522%Management$35415%CapEx$944%Maintenance$944%Other$59025%Cash Flow$357

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

$2,358

Total Expenses

$2,001

Mortgage P&I

34%

$802

Property Taxes

1%

$15

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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