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618 Boynton Dr, Ringgold, GA 30736

3 beds • 3 baths • 1644 sqft

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This property looks like a bad Airbnb investment with a projected -8.82% first-year return on $74,595 initial cash invested.

-8.82%

Cash On Cash

4.01%

Cap Rate

0.66

DSCR

$2,061

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $2,609 expenses = $548 out of pocket

Income$2,061Out of Pocket$548Mortgage P&I$1,36666%Property Taxes$1598%Insurance$965%Management$30915%CapEx$824%Maintenance$824%Other$51525%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,061

Total Expenses

$2,609

Mortgage P&I

66%

$1,366

Property Taxes

8%

$159

Home Insurance

5%

$96

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

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