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2942 Stonewater Dr, Albany, GA 31721

3 beds • 2 baths • 1410 sqft

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This property might be a fair Airbnb investment with a projected 4.26% first-year return on $53,196 initial cash invested.

4.26%

Cash On Cash

8.16%

Cap Rate

1.33

DSCR

$2,412

Rent

$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,196

Downpayment

20%

$33,520

Closing costs

1%

$1,676

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,412

Total Expenses

$2,223

Mortgage P&I

35%

$854

Property Taxes

6%

$152

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$603

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$2,385

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2

2

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2

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3

2

0.22 mi

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$2,193

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2

2

0.25 mi

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4

2

1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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