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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 -18.84% first-year return on $142k initial cash invested.

-18.84%

Cash On Cash

1.68%

Cap Rate

0.28

DSCR

$2,458

Rent

-$2,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,458 income − $4,682 expenses = $2,224 out of pocket

Income$2,458Out of Pocket$2,224Mortgage P&I$2,949120%Property Taxes$34814%Insurance$2068%Management$36915%CapEx$984%Maintenance$984%Other$61425%

Investment Breakdown

|

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

$2,458

Total Expenses

$4,682

Mortgage P&I

120%

$2,949

Property Taxes

14%

$348

Home Insurance

8%

$206

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$614

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