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2238 Springwood Dr, Decatur, GA 30033

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Airbnb investment with a projected -12.64% first-year return on $150k initial cash invested.

-12.64%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$3,694

Rent

-$1,582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $5,276 expenses = $1,582 out of pocket

Income$3,694Out of Pocket$1,582Mortgage P&I$3,14685%Property Taxes$1273%Insurance$2296%Management$55415%CapEx$1484%Maintenance$1484%Other$92425%

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,296

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$5,276

Mortgage P&I

85%

$3,146

Property Taxes

3%

$127

Home Insurance

6%

$229

HOA

0%

$0

Property Management

15%

$554

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$924

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