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2206 Ridgewood Ct NE, Conyers, GA 30013

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Airbnb investment with a projected -1.04% first-year return on $70,227 initial cash invested.

-1.04%

Cash On Cash

6.57%

Cap Rate

1.04

DSCR

$2,863

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,227

Downpayment

20%

$49,740

Closing costs

1%

$2,487

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,863

Total Expenses

$2,924

Mortgage P&I

46%

$1,307

Property Taxes

5%

$154

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$716

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