REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1500 Welcome Rd, Newnan, GA 30263

3 beds • 2 baths • 1806 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.77% first-year return on $84,864 initial cash invested.

-4.77%

Cash On Cash

5.14%

Cap Rate

0.86

DSCR

$3,021

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,021 income − $3,358 expenses = $337 out of pocket

Income$3,021Out of Pocket$337Mortgage P&I$1,58052%Property Taxes$2047%Insurance$1244%Management$45315%CapEx$1214%Maintenance$1214%Other$75525%

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

$3,021

Total Expenses

$3,358

Mortgage P&I

52%

$1,580

Property Taxes

7%

$204

Home Insurance

4%

$124

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$755

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis