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457 Castleaire Dr, Stone Mountain, GA 30087

3 beds • 3 baths • 1838 sqft

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This property looks like a bad Airbnb investment with a projected -19.04% first-year return on $115k initial cash invested.

-19.04%

Cash On Cash

1.52%

Cap Rate

0.25

DSCR

$2,087

Rent

-$1,818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,087 income − $3,905 expenses = $1,818 out of pocket

Income$2,087Out of Pocket$1,818Mortgage P&I$2,316111%Property Taxes$42720%Insurance$1618%Management$31315%CapEx$834%Maintenance$834%Other$52225%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,087

Total Expenses

$3,905

Mortgage P&I

111%

$2,316

Property Taxes

20%

$427

Home Insurance

8%

$161

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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