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2 Mackay Lane, Savannah, GA 31411

3 beds • 3 baths • 2662 sqft

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This property looks like a bad Airbnb investment with a projected -19.33% first-year return on $172k initial cash invested.

-19.33%

Cash On Cash

1.69%

Cap Rate

0.28

DSCR

$3,314

Rent

-$2,769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,314 income − $6,083 expenses = $2,769 out of pocket

Income$3,314Out of Pocket$2,769Mortgage P&I$3,668111%Property Taxes$33710%Insurance$2718%HOA$2167%Management$49715%CapEx$1334%Maintenance$1334%Other$82825%

Investment Breakdown

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Purchase Price

$733k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,327

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,314

Total Expenses

$6,083

Mortgage P&I

111%

$3,668

Property Taxes

10%

$337

Home Insurance

8%

$271

HOA

7%

$216

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$828

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