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14 Spring Water Dr, Ringgold, GA 30736

3 beds • 3 baths • 1816 sqft

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This property looks like a bad Airbnb investment with a projected -16.54% first-year return on $93,474 initial cash invested.

-16.54%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$1,616

Rent

-$1,288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,616 income − $2,904 expenses = $1,288 out of pocket

Income$1,616Out of Pocket$1,288Mortgage P&I$1,784110%Property Taxes$21413%Insurance$1308%Management$24215%CapEx$654%Maintenance$654%Other$40425%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,474

Downpayment

20%

$71,880

Closing costs

1%

$3,594

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,616

Total Expenses

$2,904

Mortgage P&I

110%

$1,784

Property Taxes

13%

$214

Home Insurance

8%

$130

HOA

0%

$0

Property Management

15%

$242

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$404

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