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923 W Bridge St, Wetumpka, AL 36092

3 beds • 2 baths • 1924 sqft

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This property looks like a bad Airbnb investment with a projected -3.58% first-year return on $78,438 initial cash invested.

-3.58%

Cash On Cash

5.37%

Cap Rate

0.91

DSCR

$2,600

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $2,834 expenses = $234 out of pocket

Income$2,600Out of Pocket$234Mortgage P&I$1,41955%Property Taxes$622%Insurance$1054%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,438

Downpayment

20%

$57,560

Closing costs

1%

$2,878

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$2,834

Mortgage P&I

55%

$1,419

Property Taxes

2%

$62

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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