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806 39th St S, Birmingham, AL 35222

3 beds • 3 baths • 2168 sqft

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This property looks like a bad Airbnb investment with a projected -10.11% first-year return on $144k initial cash invested.

-10.11%

Cash On Cash

3.69%

Cap Rate

0.64

DSCR

$4,238

Rent

-$1,211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,238

Total Expenses

$5,449

Mortgage P&I

68%

$2,884

Property Taxes

8%

$319

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$636

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,060

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