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659 Southern Trace Pkwy, Leeds, AL 35094

3 beds • 2 baths • 2022 sqft

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This property looks like a bad Airbnb investment with a projected -5.84% first-year return on $86,250 initial cash invested.

-5.84%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$2,926

Rent

-$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,926

Total Expenses

$3,346

Mortgage P&I

56%

$1,650

Property Taxes

5%

$139

Home Insurance

4%

$114

HOA

1%

$38

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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Comparable Property

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ADR

Beds

Baths

Distance

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4

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2

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$285

5

4

0.6 mi

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$1,100

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2

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$2,850

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