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73 Knock About Ln, Wedowee, AL 36278

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -15.73% first-year return on $116k initial cash invested.

-15.73%

Cash On Cash

2.32%

Cap Rate

0.39

DSCR

$2,269

Rent

-$1,521

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,269 income − $3,790 expenses = $1,521 out of pocket

Income$2,269Out of Pocket$1,521Mortgage P&I$2,334103%Property Taxes$1969%Insurance$1718%Management$34015%CapEx$914%Maintenance$914%Other$56725%

Investment Breakdown

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Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,340

Closing costs

1%

$4,667

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,269

Total Expenses

$3,790

Mortgage P&I

103%

$2,334

Property Taxes

9%

$196

Home Insurance

8%

$171

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$567

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