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23 W Ridge Dr SE, Cartersville, GA 30121

3 beds • 3 baths • 2203 sqft

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This property looks like a bad Airbnb investment with a projected -2.3% first-year return on $95,637 initial cash invested.

-2.3%

Cash On Cash

5.93%

Cap Rate

0.99

DSCR

$3,971

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,971 income − $4,154 expenses = $183 out of pocket

Income$3,971Out of Pocket$183Mortgage P&I$1,85047%Property Taxes$2667%Insurance$1313%Management$59615%CapEx$1594%Maintenance$1594%Other$99325%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,637

Downpayment

20%

$73,940

Closing costs

1%

$3,697

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,971

Total Expenses

$4,154

Mortgage P&I

47%

$1,850

Property Taxes

7%

$266

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$993

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