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909 9th St SE, Decatur, AL 35601

2 beds • 1 baths • 1230 sqft

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This property looks like a bad Airbnb investment with a projected -3.16% first-year return on $50,829 initial cash invested.

-3.16%

Cash On Cash

5.96%

Cap Rate

0.94

DSCR

$1,819

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$1,819

Total Expenses

$1,953

Mortgage P&I

54%

$980

Property Taxes

2%

$34

Home Insurance

4%

$65

HOA

0%

$0

Property Management

15%

$273

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$455

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