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1949 Bonnie Ridge Dr, Griffin, GA 30223

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -5.46% first-year return on $83,100 initial cash invested.

-5.46%

Cash On Cash

4.87%

Cap Rate

0.82

DSCR

$2,723

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,723 income − $3,101 expenses = $378 out of pocket

Income$2,723Out of Pocket$378Mortgage P&I$1,52756%Property Taxes$1596%Insurance$1084%Management$40815%CapEx$1094%Maintenance$1094%Other$68125%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,723

Total Expenses

$3,101

Mortgage P&I

56%

$1,527

Property Taxes

6%

$159

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$681

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