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608 2nd Ave, Decatur, GA 30030

3 beds • 4 baths • 2946 sqft

$1,080,200

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This property looks like a bad Airbnb investment with a projected -22.9% first-year return on $245k initial cash invested.

-22.9%

Cash On Cash

1.17%

Cap Rate

0.19

DSCR

$4,718

Rent

-$4,673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1080k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$216k

Closing costs

1%

$10,802

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,718

Total Expenses

$9,391

Mortgage P&I

117%

$5,533

Property Taxes

26%

$1,207

Home Insurance

8%

$385

HOA

0%

$0

Property Management

15%

$708

CapEx

4%

$189

Vacancy

0%

$0

Maintenance

4%

$189

Other

25%

$1,180

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