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240 Bent Oak Dr, Cornelia, GA 30531

3 beds • 2 baths • 2400 sqft

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This property looks like a bad Airbnb investment with a projected -7.64% first-year return on $102k initial cash invested.

-7.64%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$3,314

Rent

-$648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,314 income − $3,962 expenses = $648 out of pocket

Income$3,314Out of Pocket$648Mortgage P&I$1,99760%Property Taxes$2347%Insurance$1404%Management$49715%CapEx$1334%Maintenance$1334%Other$82825%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,314

Total Expenses

$3,962

Mortgage P&I

60%

$1,997

Property Taxes

7%

$234

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$828

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