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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 2.73% first-year return on $66,762 initial cash invested.

2.73%

Cash On Cash

7.99%

Cap Rate

1.22

DSCR

$3,195

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,195 income − $3,043 expenses = $152 cash flow

Income$3,195Mortgage P&I$1,26740%Property Taxes$1605%Insurance$823%Management$47915%CapEx$1284%Maintenance$1284%Other$79925%Cash Flow$152

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

$3,195

Total Expenses

$3,043

Mortgage P&I

40%

$1,267

Property Taxes

5%

$160

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$479

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$799

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