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271 Chestnut Ridge Rd, Ringgold, GA 30736

3 beds • 3 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -6.23% first-year return on $88,980 initial cash invested.

-6.23%

Cash On Cash

4.76%

Cap Rate

0.8

DSCR

$3,036

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,036 income − $3,498 expenses = $462 out of pocket

Income$3,036Out of Pocket$462Mortgage P&I$1,68255%Property Taxes$2398%Insurance$1214%Management$45515%CapEx$1214%Maintenance$1214%Other$75925%

Investment Breakdown

|

Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,980

Downpayment

20%

$67,600

Closing costs

1%

$3,380

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,036

Total Expenses

$3,498

Mortgage P&I

55%

$1,682

Property Taxes

8%

$239

Home Insurance

4%

$121

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$759

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