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7900 Park Place Dr S, Mobile, AL 36608

3 beds • 2 baths • 2079 sqft

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This property looks like a bad Airbnb investment with a projected -1.36% first-year return on $70,836 initial cash invested.

-1.36%

Cash On Cash

5.92%

Cap Rate

1.02

DSCR

$2,605

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,836

Downpayment

20%

$50,320

Closing costs

1%

$2,516

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,605

Total Expenses

$2,685

Mortgage P&I

47%

$1,217

Property Taxes

4%

$103

Home Insurance

4%

$94

HOA

1%

$21

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$651

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Modern home in quiet cul-de-sac near University of South Alabama!

$2,549

$171

3

2

1.31 mi

Modern and updated West Mobile townhouse!!

$1,431

$96

3

2

1.55 mi

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$2,519

$169

3

2

2.1 mi

The University of South Alabama Poolside Getaway

$3,815

$256

3

2.5

2.18 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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