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1500 Welcome Rd, Newnan, GA 30263

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Airbnb investment with a projected -8.1% first-year return on $84,864 initial cash invested.

-8.1%

Cash On Cash

4.18%

Cap Rate

0.7

DSCR

$2,568

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,568 income − $3,141 expenses = $573 out of pocket

Income$2,568Out of Pocket$573Mortgage P&I$1,58062%Property Taxes$2048%Insurance$1245%Management$38515%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,864

Downpayment

20%

$63,680

Closing costs

1%

$3,184

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,568

Total Expenses

$3,141

Mortgage P&I

62%

$1,580

Property Taxes

8%

$204

Home Insurance

5%

$124

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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