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2355 Forster Street, Augusta, GA 30904

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Airbnb investment with a projected -2.84% first-year return on $64,284 initial cash invested.

-2.84%

Cash On Cash

6.15%

Cap Rate

0.95

DSCR

$2,432

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,284

Downpayment

20%

$44,080

Closing costs

1%

$2,204

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,432

Total Expenses

$2,584

Mortgage P&I

49%

$1,184

Property Taxes

6%

$154

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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