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296 Magnolia Rd, Midway, GA 31320

3 beds • 2 baths • 2453 sqft

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This property looks like a bad Airbnb investment with a projected -12.12% first-year return on $103k initial cash invested.

-12.12%

Cash On Cash

3.9%

Cap Rate

0.59

DSCR

$3,118

Rent

-$1,041

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,118 income − $4,159 expenses = $1,041 out of pocket

Income$3,118Out of Pocket$1,041Mortgage P&I$2,23472%Property Taxes$2809%Insurance$1475%Management$46815%CapEx$1254%Maintenance$1254%Other$78025%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,020

Closing costs

1%

$4,051

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,118

Total Expenses

$4,159

Mortgage P&I

72%

$2,234

Property Taxes

9%

$280

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$780

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