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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 -7.96% first-year return on $74,595 initial cash invested.

-7.96%

Cash On Cash

4.26%

Cap Rate

0.7

DSCR

$2,162

Rent

-$495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,162 income − $2,657 expenses = $495 out of pocket

Income$2,162Out of Pocket$495Mortgage P&I$1,36663%Property Taxes$1597%Insurance$964%Management$32415%CapEx$864%Maintenance$864%Other$54025%

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

$2,162

Total Expenses

$2,657

Mortgage P&I

63%

$1,366

Property Taxes

7%

$159

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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