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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 -17.27% first-year return on $93,474 initial cash invested.

-17.27%

Cash On Cash

1.67%

Cap Rate

0.28

DSCR

$1,505

Rent

-$1,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,505 income − $2,850 expenses = $1,345 out of pocket

Income$1,505Out of Pocket$1,345Mortgage P&I$1,784119%Property Taxes$21414%Insurance$1309%Management$22615%CapEx$604%Maintenance$604%Other$37625%

Investment Breakdown

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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

$1,505

Total Expenses

$2,850

Mortgage P&I

119%

$1,784

Property Taxes

14%

$214

Home Insurance

9%

$130

HOA

0%

$0

Property Management

15%

$226

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$376

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