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266 Lagrange St, Newnan, GA 30263

3 beds • 3 baths • 1409 sqft

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This property looks like a bad Airbnb investment with a projected -8.9% first-year return on $79,278 initial cash invested.

-8.9%

Cash On Cash

4.06%

Cap Rate

0.67

DSCR

$2,328

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,328 income − $2,916 expenses = $588 out of pocket

Income$2,328Out of Pocket$588Mortgage P&I$1,48364%Property Taxes$2129%Insurance$1044%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$2,916

Mortgage P&I

64%

$1,483

Property Taxes

9%

$212

Home Insurance

4%

$104

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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