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1809 Homestead Ave, Atlanta, GA 30306

3 beds • 2 baths • 2254 sqft

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This property looks like a bad Airbnb investment with a projected -18.15% first-year return on $226k initial cash invested.

-18.15%

Cash On Cash

1.95%

Cap Rate

0.33

DSCR

$4,829

Rent

-$3,411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$988k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$198k

Closing costs

1%

$9,884

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,829

Total Expenses

$8,240

Mortgage P&I

100%

$4,823

Property Taxes

15%

$724

Home Insurance

8%

$376

HOA

0%

$0

Property Management

15%

$724

CapEx

4%

$193

Vacancy

0%

$0

Maintenance

4%

$193

Other

25%

$1,207

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