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4629 Simpson Downs, Gainesville, GA 30507

3 beds • 3 baths • 2989 sqft

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This property looks like a bad Airbnb investment with a projected -10.88% first-year return on $115k initial cash invested.

-10.88%

Cash On Cash

3.41%

Cap Rate

0.59

DSCR

$3,197

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,740

Closing costs

1%

$4,637

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,197

Total Expenses

$4,243

Mortgage P&I

70%

$2,236

Property Taxes

10%

$304

Home Insurance

5%

$166

HOA

0%

$2

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$799

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