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65 Madden Rd, Arab, AL 35016

3 beds • 2 baths • 1341 sqft

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This property might be a fair Airbnb investment with a projected 9.64% first-year return on $57,753 initial cash invested.

9.64%

Cash On Cash

9.88%

Cap Rate

1.6

DSCR

$2,997

Rent

$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,753

Downpayment

20%

$37,860

Closing costs

1%

$1,893

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,997

Total Expenses

$2,533

Mortgage P&I

33%

$974

Property Taxes

2%

$50

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$450

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$749

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