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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 -3.67% first-year return on $54,582 initial cash invested.

-3.67%

Cash On Cash

5.75%

Cap Rate

0.9

DSCR

$1,810

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $1,977 expenses = $167 out of pocket

Income$1,810Out of Pocket$167Mortgage P&I$93051%Property Taxes$1187%Insurance$613%Management$27215%CapEx$724%Maintenance$724%Other$45225%

Investment Breakdown

|

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

$1,810

Total Expenses

$1,977

Mortgage P&I

51%

$930

Property Taxes

7%

$118

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$272

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$452

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