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241 Mystic Ln, Blue Ridge, GA 30513

2 beds • 2 baths • 960 sqft

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This property looks like a bad Airbnb investment with a projected -18.85% first-year return on $102k initial cash invested.

-18.85%

Cash On Cash

1.93%

Cap Rate

0.31

DSCR

$1,708

Rent

-$1,607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,708 income − $3,315 expenses = $1,607 out of pocket

Income$1,708Out of Pocket$1,607Mortgage P&I$2,230131%Property Taxes$1167%Insurance$1509%Management$25615%CapEx$684%Maintenance$684%Other$42725%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$1,708

Total Expenses

$3,315

Mortgage P&I

131%

$2,230

Property Taxes

7%

$116

Home Insurance

9%

$150

HOA

0%

$0

Property Management

15%

$256

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$427

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