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518 Heritage Dr, Ringgold, GA 30736

3 beds • 3 baths • 2419 sqft

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This property looks like a bad Airbnb investment with a projected -19.6% first-year return on $142k initial cash invested.

-19.6%

Cash On Cash

1.48%

Cap Rate

0.25

DSCR

$2,285

Rent

-$2,314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,285 income − $4,599 expenses = $2,314 out of pocket

Income$2,285Out of Pocket$2,314Mortgage P&I$2,949129%Property Taxes$34815%Insurance$2069%Management$34315%CapEx$914%Maintenance$914%Other$57125%

Investment Breakdown

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Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,890

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,285

Total Expenses

$4,599

Mortgage P&I

129%

$2,949

Property Taxes

15%

$348

Home Insurance

9%

$206

HOA

0%

$0

Property Management

15%

$343

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$571

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