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2992 Belvedere Ln, Decatur, GA 30032

3 beds • 2 baths • 1371 sqft

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This property looks like a bad Airbnb investment with a projected -9.9% first-year return on $96,351 initial cash invested.

-9.9%

Cash On Cash

3.65%

Cap Rate

0.63

DSCR

$2,942

Rent

-$795

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,351

Downpayment

20%

$74,620

Closing costs

1%

$3,731

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$3,737

Mortgage P&I

62%

$1,813

Property Taxes

13%

$380

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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