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

-16%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$1,696

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $2,942 expenses = $1,246 out of pocket

Income$1,696Out of Pocket$1,246Mortgage P&I$1,784105%Property Taxes$21413%Insurance$1308%Management$25415%CapEx$684%Maintenance$684%Other$42425%

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

$1,696

Total Expenses

$2,942

Mortgage P&I

105%

$1,784

Property Taxes

13%

$214

Home Insurance

8%

$130

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$424

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