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2 Willow Lakes Dr, Savannah, GA 31419

3 beds • 3 baths • 2126 sqft

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This property might be a fair Airbnb investment with a projected 4% first-year return on $81,378 initial cash invested.

4%

Cash On Cash

7.55%

Cap Rate

1.29

DSCR

$3,990

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,378

Downpayment

20%

$60,360

Closing costs

1%

$3,018

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,990

Total Expenses

$3,719

Mortgage P&I

37%

$1,468

Property Taxes

5%

$191

Home Insurance

3%

$108

HOA

1%

$36

Property Management

15%

$598

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Clean, Quiet, & Cozy, Bungalow Getaway

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3

2

0.43 mi

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0.53 mi

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$5,683

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4

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0.08 mi

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4

2

0.33 mi

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4

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1.3 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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