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2889 Mount Olive Dr, Decatur, GA 30033

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Airbnb investment with a projected -9.9% first-year return on $113k initial cash invested.

-9.9%

Cash On Cash

3.67%

Cap Rate

0.63

DSCR

$3,409

Rent

-$934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,680

Closing costs

1%

$4,534

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,409

Total Expenses

$4,343

Mortgage P&I

64%

$2,186

Property Taxes

11%

$361

Home Insurance

5%

$161

HOA

0%

$0

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$852

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