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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 -19.19% first-year return on $115k initial cash invested.

-19.19%

Cash On Cash

1.47%

Cap Rate

0.24

DSCR

$2,059

Rent

-$1,833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,059 income − $3,892 expenses = $1,833 out of pocket

Income$2,059Out of Pocket$1,833Mortgage P&I$2,316112%Property Taxes$42721%Insurance$1618%Management$30915%CapEx$824%Maintenance$824%Other$51525%

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

$2,059

Total Expenses

$3,892

Mortgage P&I

112%

$2,316

Property Taxes

21%

$427

Home Insurance

8%

$161

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

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