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2243 Limerick Rd, Midway, GA 31320

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -0.65% first-year return on $66,762 initial cash invested.

-0.65%

Cash On Cash

6.95%

Cap Rate

1.06

DSCR

$2,832

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,832 income − $2,868 expenses = $36 out of pocket

Income$2,832Out of Pocket$36Mortgage P&I$1,26745%Property Taxes$1606%Insurance$823%Management$42515%CapEx$1134%Maintenance$1134%Other$70825%

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

$2,832

Total Expenses

$2,868

Mortgage P&I

45%

$1,267

Property Taxes

6%

$160

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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