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2430 Norwood Avenue, Savannah, GA 31406

4 beds • 3 baths • 2027 sqft

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This property looks like a bad Airbnb investment with a projected -12.13% first-year return on $153k initial cash invested.

-12.13%

Cash On Cash

3.1%

Cap Rate

0.53

DSCR

$4,094

Rent

-$1,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$122k

Closing costs

1%

$6,120

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,094

Total Expenses

$5,636

Mortgage P&I

72%

$2,959

Property Taxes

10%

$429

Home Insurance

5%

$219

HOA

2%

$63

Property Management

15%

$614

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,024

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