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110 Handy Rd, Newnan, GA 30263

3 beds • 2 baths • 1988 sqft

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This property looks like a bad Airbnb investment with a projected -15.81% first-year return on $119k initial cash invested.

-15.81%

Cash On Cash

2.12%

Cap Rate

0.36

DSCR

$2,124

Rent

-$1,568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$481k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,200

Closing costs

1%

$4,810

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,124

Total Expenses

$3,692

Mortgage P&I

110%

$2,332

Property Taxes

8%

$165

Home Insurance

8%

$175

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$531

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