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2594 Lassiter Rd, Forsyth, GA 31029

3 beds • 3 baths • 2023 sqft

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This property looks like a bad Airbnb investment with a projected -21.23% first-year return on $136k initial cash invested.

-21.23%

Cash On Cash

0.87%

Cap Rate

0.15

DSCR

$1,852

Rent

-$2,399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,852 income − $4,251 expenses = $2,399 out of pocket

Income$1,852Out of Pocket$2,399Mortgage P&I$2,730147%Property Taxes$43624%Insurance$19611%Management$27815%CapEx$744%Maintenance$744%Other$46325%

Investment Breakdown

|

Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,599

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,852

Total Expenses

$4,251

Mortgage P&I

147%

$2,730

Property Taxes

24%

$436

Home Insurance

11%

$196

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$463

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