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203 N Clay St, Quitman, GA 31643

3 beds • 2 baths • 3154 sqft

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This property looks like a bad Airbnb investment with a projected -1.37% first-year return on $40,281 initial cash invested.

-1.37%

Cash On Cash

5.77%

Cap Rate

1

DSCR

$1,099

Rent

-$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,099 income − $1,145 expenses = $46 out of pocket

Income$1,099Out of Pocket$46Mortgage P&I$51247%Property Taxes$111%Insurance$949%Management$16515%CapEx$444%Maintenance$444%Other$27525%

Investment Breakdown

|

Purchase Price

$106k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,281

Downpayment

20%

$21,220

Closing costs

1%

$1,061

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,099

Total Expenses

$1,145

Mortgage P&I

47%

$512

Property Taxes

1%

$11

Home Insurance

9%

$94

HOA

0%

$0

Property Management

15%

$165

CapEx

4%

$44

Vacancy

0%

$0

Maintenance

4%

$44

Other

25%

$275

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