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206 Norwood Dr, Kingsland, GA 31548

3 beds • 2 baths • 1212 sqft

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This property looks like a bad Airbnb investment with a projected -1.8% first-year return on $69,240 initial cash invested.

-1.8%

Cash On Cash

6.6%

Cap Rate

1.01

DSCR

$2,870

Rent

-$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,870 income − $2,974 expenses = $104 out of pocket

Income$2,870Out of Pocket$104Mortgage P&I$1,33246%Property Taxes$1796%Insurance$853%Management$43015%CapEx$1154%Maintenance$1154%Other$71825%

Investment Breakdown

|

Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,240

Downpayment

20%

$48,800

Closing costs

1%

$2,440

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,870

Total Expenses

$2,974

Mortgage P&I

46%

$1,332

Property Taxes

6%

$179

Home Insurance

3%

$85

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

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