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3905 Michaels Creek Way, Loganville, GA 30052

3 beds • 2 baths • 1963 sqft

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This property looks like a bad Airbnb investment with a projected -17.97% first-year return on $87,657 initial cash invested.

-17.97%

Cash On Cash

1.43%

Cap Rate

0.24

DSCR

$1,068

Rent

-$1,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,068 income − $2,381 expenses = $1,313 out of pocket

Income$1,068Out of Pocket$1,313Mortgage P&I$1,665156%Property Taxes$828%Insurance$11711%HOA$4Management$16015%CapEx$434%Maintenance$434%Other$26725%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,657

Downpayment

20%

$66,340

Closing costs

1%

$3,317

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,068

Total Expenses

$2,381

Mortgage P&I

156%

$1,665

Property Taxes

8%

$82

Home Insurance

11%

$117

HOA

0%

$4

Property Management

15%

$160

CapEx

4%

$43

Vacancy

0%

$0

Maintenance

4%

$43

Other

25%

$267

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