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694 Mount Vernon Dr, Boaz, AL 35957

3 beds • 3 baths • 2414 sqft

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This property looks like a bad Airbnb investment with a projected -11.17% first-year return on $109k initial cash invested.

-11.17%

Cash On Cash

3.61%

Cap Rate

0.59

DSCR

$2,751

Rent

-$1,016

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,751 income − $3,767 expenses = $1,016 out of pocket

Income$2,751Out of Pocket$1,016Mortgage P&I$2,21380%Property Taxes$723%Insurance$1616%Management$41315%CapEx$1104%Maintenance$1104%Other$68825%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,800

Closing costs

1%

$4,340

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,751

Total Expenses

$3,767

Mortgage P&I

80%

$2,213

Property Taxes

3%

$72

Home Insurance

6%

$161

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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