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615 Mae Ln, Alpharetta, GA 30004

3 beds • 2 baths • 2431 sqft

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This property looks like a bad Airbnb investment with a projected -15.17% first-year return on $147k initial cash invested.

-15.17%

Cash On Cash

2.76%

Cap Rate

0.45

DSCR

$3,680

Rent

-$1,857

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,680 income − $5,537 expenses = $1,857 out of pocket

Income$3,680Out of Pocket$1,857Mortgage P&I$3,12185%Property Taxes$36710%Insurance$2547%HOA$291%Management$55215%CapEx$1474%Maintenance$1474%Other$92025%

Investment Breakdown

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Purchase Price

$614k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,139

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,680

Total Expenses

$5,537

Mortgage P&I

85%

$3,121

Property Taxes

10%

$367

Home Insurance

7%

$254

HOA

1%

$29

Property Management

15%

$552

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$920

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