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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 -21.59% first-year return on $115k initial cash invested.

-21.59%

Cash On Cash

0.83%

Cap Rate

0.14

DSCR

$1,620

Rent

-$2,062

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,620 income − $3,682 expenses = $2,062 out of pocket

Income$1,620Out of Pocket$2,062Mortgage P&I$2,316143%Property Taxes$42726%Insurance$16110%Management$24315%CapEx$654%Maintenance$654%Other$40525%

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

$1,620

Total Expenses

$3,682

Mortgage P&I

143%

$2,316

Property Taxes

26%

$427

Home Insurance

10%

$161

HOA

0%

$0

Property Management

15%

$243

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$405

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