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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 -6.61% first-year return on $97,485 initial cash invested.

-6.61%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$3,185

Rent

-$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,185 income − $3,722 expenses = $537 out of pocket

Income$3,185Out of Pocket$537Mortgage P&I$1,88759%Property Taxes$1786%Insurance$1294%Management$47815%CapEx$1274%Maintenance$1274%Other$79625%

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

$3,185

Total Expenses

$3,722

Mortgage P&I

59%

$1,887

Property Taxes

6%

$178

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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