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2859 Concord Dr, Decatur, GA 30033

3 beds • 2 baths • 1272 sqft

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This property looks like a bad Airbnb investment with a projected -10.85% first-year return on $99,963 initial cash invested.

-10.85%

Cash On Cash

3.4%

Cap Rate

0.58

DSCR

$2,954

Rent

-$904

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,963

Downpayment

20%

$78,060

Closing costs

1%

$3,903

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,954

Total Expenses

$3,858

Mortgage P&I

64%

$1,892

Property Taxes

13%

$378

Home Insurance

6%

$171

HOA

0%

$0

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

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