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1038 Stringer Rd, Rockmart, GA 30153

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Airbnb investment with a projected -22.97% first-year return on $83,730 initial cash invested.

-22.97%

Cash On Cash

-0.13%

Cap Rate

-0.02

DSCR

$436

Rent

-$1,603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$436 income − $2,039 expenses = $1,603 out of pocket

Income$436Out of Pocket$1,603Mortgage P&I$1,553356%Property Taxes$16438%Insurance$11426%Management$6515%CapEx$174%Maintenance$174%Other$10925%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,730

Downpayment

20%

$62,600

Closing costs

1%

$3,130

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$436

Total Expenses

$2,039

Mortgage P&I

356%

$1,553

Property Taxes

38%

$164

Home Insurance

26%

$114

HOA

0%

$0

Property Management

15%

$65

CapEx

4%

$17

Vacancy

0%

$0

Maintenance

4%

$17

Other

25%

$109

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