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648 Belmonte Dr, Auburn, AL 36830

3 beds • 2 baths • 1875 sqft

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This property looks like a bad Airbnb investment with a projected -11.47% first-year return on $92,781 initial cash invested.

-11.47%

Cash On Cash

3.43%

Cap Rate

0.56

DSCR

$2,296

Rent

-$887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $3,183 expenses = $887 out of pocket

Income$2,296Out of Pocket$887Mortgage P&I$1,81379%Property Taxes$1145%Insurance$1296%HOA$251%Management$34415%CapEx$924%Maintenance$924%Other$57425%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,781

Downpayment

20%

$71,220

Closing costs

1%

$3,561

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$3,183

Mortgage P&I

79%

$1,813

Property Taxes

5%

$114

Home Insurance

6%

$129

HOA

1%

$25

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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