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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 -4.78% first-year return on $69,240 initial cash invested.

-4.78%

Cash On Cash

5.7%

Cap Rate

0.87

DSCR

$2,540

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,816 expenses = $276 out of pocket

Income$2,540Out of Pocket$276Mortgage P&I$1,33252%Property Taxes$1797%Insurance$853%Management$38115%CapEx$1024%Maintenance$1024%Other$63525%

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

$2,540

Total Expenses

$2,816

Mortgage P&I

52%

$1,332

Property Taxes

7%

$179

Home Insurance

3%

$85

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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