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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 -12.45% first-year return on $67,077 initial cash invested.

-12.45%

Cash On Cash

3.37%

Cap Rate

0.51

DSCR

$1,650

Rent

-$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,650 income − $2,346 expenses = $696 out of pocket

Income$1,650Out of Pocket$696Mortgage P&I$1,28678%Property Taxes$18611%Insurance$825%Management$24815%CapEx$664%Maintenance$664%Other$41225%

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

$1,650

Total Expenses

$2,346

Mortgage P&I

78%

$1,286

Property Taxes

11%

$186

Home Insurance

5%

$82

HOA

0%

$0

Property Management

15%

$248

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$412

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