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1885 Richardson Mill Rd, Fort Valley, GA 31030

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Airbnb investment with a projected -10.75% first-year return on $68,673 initial cash invested.

-10.75%

Cash On Cash

3.66%

Cap Rate

0.58

DSCR

$1,837

Rent

-$615

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,837 income − $2,452 expenses = $615 out of pocket

Income$1,837Out of Pocket$615Mortgage P&I$1,27770%Property Taxes$20811%Insurance$865%Management$27615%CapEx$734%Maintenance$734%Other$45925%

Investment Breakdown

|

Purchase Price

$241k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,673

Downpayment

20%

$48,260

Closing costs

1%

$2,413

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,837

Total Expenses

$2,452

Mortgage P&I

70%

$1,277

Property Taxes

11%

$208

Home Insurance

5%

$86

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$459

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