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6415 Philadelphia Hl, Montgomery, AL 36117

3 beds • 4 baths • 2020 sqft

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This property looks like a bad Airbnb investment with a projected -7.96% first-year return on $102k initial cash invested.

-7.96%

Cash On Cash

4.56%

Cap Rate

0.74

DSCR

$3,425

Rent

-$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,425

Total Expenses

$4,100

Mortgage P&I

60%

$2,053

Property Taxes

4%

$130

Home Insurance

4%

$140

HOA

4%

$133

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Montgomery's Most Fun Airbnb - 3 Beds 2 Baths

$4,059

$157

3

2

0.44 mi

Pruitt Place

$3,464

$134

3

2

0.58 mi

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$3,645

$141

3

2

0.77 mi

Relaxing Home Away - High Speed WiFi

$2,792

$108

3

2

0.77 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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