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91 Heather Ridge Dr, Pelham, AL 35124

3 beds • 4 baths • 2534 sqft

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This property looks like a bad Airbnb investment with a projected -5.93% first-year return on $97,485 initial cash invested.

-5.93%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$3,293

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,293 income − $3,775 expenses = $482 out of pocket

Income$3,293Out of Pocket$482Mortgage P&I$1,88757%Property Taxes$1785%Insurance$1294%Management$49415%CapEx$1324%Maintenance$1324%Other$82325%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,485

Downpayment

20%

$75,700

Closing costs

1%

$3,785

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,293

Total Expenses

$3,775

Mortgage P&I

57%

$1,887

Property Taxes

5%

$178

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$823

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