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68 Edwards St, Newton, AL 36352

3 beds • 2 baths • 1762 sqft

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This property looks like a bad Airbnb investment with a projected -6.09% first-year return on $45,300 initial cash invested.

-6.09%

Cash On Cash

4.62%

Cap Rate

0.73

DSCR

$1,041

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,041 income − $1,271 expenses = $230 out of pocket

Income$1,041Out of Pocket$230Mortgage P&I$68966%Property Taxes$363%Insurance$464%Management$15615%CapEx$424%Maintenance$424%Other$26025%

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,041

Total Expenses

$1,271

Mortgage P&I

66%

$689

Property Taxes

3%

$36

Home Insurance

4%

$46

HOA

0%

$0

Property Management

15%

$156

CapEx

4%

$42

Vacancy

0%

$0

Maintenance

4%

$42

Other

25%

$260

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