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165 Meredith Ridge Rd, Athens, GA 30605

3 beds • 3 baths • 2360 sqft

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This property looks like a bad Airbnb investment with a projected -9.51% first-year return on $88,245 initial cash invested.

-9.51%

Cash On Cash

3.98%

Cap Rate

0.65

DSCR

$2,675

Rent

-$699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,675 income − $3,374 expenses = $699 out of pocket

Income$2,675Out of Pocket$699Mortgage P&I$1,70164%Property Taxes$1937%Insurance$1194%HOA$773%Management$40115%CapEx$1074%Maintenance$1074%Other$66925%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,675

Total Expenses

$3,374

Mortgage P&I

64%

$1,701

Property Taxes

7%

$193

Home Insurance

4%

$119

HOA

3%

$77

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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