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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 -5.82% first-year return on $83,730 initial cash invested.

-5.82%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$2,742

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,742 income − $3,148 expenses = $406 out of pocket

Income$2,742Out of Pocket$406Mortgage P&I$1,55357%Property Taxes$1646%Insurance$1144%Management$41115%CapEx$1104%Maintenance$1104%Other$68625%

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

$2,742

Total Expenses

$3,148

Mortgage P&I

57%

$1,553

Property Taxes

6%

$164

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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