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846 Berkshire Ct, Auburn, AL 36832

3 beds • 3 baths • 1625 sqft

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This property looks like a bad Airbnb investment with a projected -8.51% first-year return on $92,949 initial cash invested.

-8.51%

Cash On Cash

4.05%

Cap Rate

0.68

DSCR

$2,574

Rent

-$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $3,233 expenses = $659 out of pocket

Income$2,574Out of Pocket$659Mortgage P&I$1,76068%Property Taxes$1165%Insurance$1215%Management$38615%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,949

Downpayment

20%

$71,380

Closing costs

1%

$3,569

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$3,233

Mortgage P&I

68%

$1,760

Property Taxes

5%

$116

Home Insurance

5%

$121

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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