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2940 Northcliff Dr, Suwanee, GA 30024

3 beds • 2 baths • 1622 sqft

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This property looks like a bad Airbnb investment with a projected -5.83% first-year return on $101k initial cash invested.

-5.83%

Cash On Cash

4.8%

Cap Rate

0.82

DSCR

$3,757

Rent

-$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,757 income − $4,247 expenses = $490 out of pocket

Income$3,757Out of Pocket$490Mortgage P&I$1,91751%Property Taxes$36610%Insurance$1404%HOA$211%Management$56415%CapEx$1504%Maintenance$1504%Other$93925%

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,880

Closing costs

1%

$3,944

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,757

Total Expenses

$4,247

Mortgage P&I

51%

$1,917

Property Taxes

10%

$366

Home Insurance

4%

$140

HOA

1%

$21

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$939

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