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2243 Limerick Rd, Midway, GA 31320

3 beds • 2 baths • 1568 sqft

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This property might be a fair Airbnb investment with a projected 4.33% first-year return on $66,762 initial cash invested.

4.33%

Cash On Cash

8.49%

Cap Rate

1.3

DSCR

$3,362

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,362 income − $3,121 expenses = $241 cash flow

Income$3,362Mortgage P&I$1,26738%Property Taxes$1605%Insurance$822%Management$50415%CapEx$1344%Maintenance$1344%Other$84025%Cash Flow$241

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,762

Downpayment

20%

$46,440

Closing costs

1%

$2,322

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,362

Total Expenses

$3,121

Mortgage P&I

38%

$1,267

Property Taxes

5%

$160

Home Insurance

2%

$82

HOA

0%

$0

Property Management

15%

$504

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$840

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