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1233 Clearview Dr, Ringgold, GA 30736

3 beds • 3 baths • 2352 sqft

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This property looks like a bad Airbnb investment with a projected -7.59% first-year return on $93,453 initial cash invested.

-7.59%

Cash On Cash

4.44%

Cap Rate

0.74

DSCR

$3,123

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $3,714 expenses = $591 out of pocket

Income$3,123Out of Pocket$591Mortgage P&I$1,79457%Property Taxes$2909%Insurance$1314%Management$46815%CapEx$1254%Maintenance$1254%Other$78125%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,453

Downpayment

20%

$71,860

Closing costs

1%

$3,593

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$3,714

Mortgage P&I

57%

$1,794

Property Taxes

9%

$290

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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