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318 Thorn Thicket Way, Rockmart, GA 30153

3 beds • 2 baths • 1115 sqft

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This property looks like a bad Airbnb investment with a projected -14.49% first-year return on $67,077 initial cash invested.

-14.49%

Cash On Cash

2.74%

Cap Rate

0.41

DSCR

$1,429

Rent

-$810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,429 income − $2,239 expenses = $810 out of pocket

Income$1,429Out of Pocket$810Mortgage P&I$1,28690%Property Taxes$18613%Insurance$826%Management$21415%CapEx$574%Maintenance$574%Other$35725%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,429

Total Expenses

$2,239

Mortgage P&I

90%

$1,286

Property Taxes

13%

$186

Home Insurance

6%

$82

HOA

0%

$0

Property Management

15%

$214

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$357

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