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2909 Remington Ave, Valdosta, GA 31602

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Airbnb investment with a projected -1.32% first-year return on $54,582 initial cash invested.

-1.32%

Cash On Cash

6.55%

Cap Rate

1.02

DSCR

$2,018

Rent

-$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,582

Downpayment

20%

$34,840

Closing costs

1%

$1,742

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,018

Total Expenses

$2,078

Mortgage P&I

46%

$930

Property Taxes

6%

$118

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$303

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$504

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