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489 Misty Ridge Ln, Ringgold, GA 30736

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Airbnb investment with a projected -2.01% first-year return on $73,524 initial cash invested.

-2.01%

Cash On Cash

5.66%

Cap Rate

0.99

DSCR

$2,665

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,665 income − $2,788 expenses = $123 out of pocket

Income$2,665Out of Pocket$123Mortgage P&I$1,26447%Property Taxes$1516%Insurance$933%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,524

Downpayment

20%

$52,880

Closing costs

1%

$2,644

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,665

Total Expenses

$2,788

Mortgage P&I

47%

$1,264

Property Taxes

6%

$151

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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