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242 Flagler Drive, Savannah, GA 31419

3 beds • 3 baths • 1829 sqft

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This property looks like a bad Airbnb investment with a projected -5.02% first-year return on $90,786 initial cash invested.

-5.02%

Cash On Cash

4.99%

Cap Rate

0.86

DSCR

$3,407

Rent

-$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,786

Downpayment

20%

$69,320

Closing costs

1%

$3,466

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,407

Total Expenses

$3,787

Mortgage P&I

49%

$1,686

Property Taxes

9%

$306

Home Insurance

4%

$122

HOA

1%

$38

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$852

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