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575 Highland Ave NE, Atlanta, GA 30312

3 beds • 4 baths • 1993 sqft

$1,150,000

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This property looks like a bad Airbnb investment with a projected -24.25% first-year return on $260k initial cash invested.

-24.25%

Cash On Cash

1.04%

Cap Rate

0.16

DSCR

$4,996

Rent

-$5,245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,996 income − $10,241 expenses = $5,245 out of pocket

Income$4,996Out of Pocket$5,245Mortgage P&I$6,038121%Property Taxes$1,40328%Insurance$4028%Management$74915%CapEx$2004%Maintenance$2004%Other$1,24925%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,996

Total Expenses

$10,241

Mortgage P&I

121%

$6,038

Property Taxes

28%

$1,403

Home Insurance

8%

$402

HOA

0%

$0

Property Management

15%

$749

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,249

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