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663 Castleview Dr, Ringgold, GA 30736

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Airbnb investment with a projected -2.06% first-year return on $78,669 initial cash invested.

-2.06%

Cash On Cash

6.23%

Cap Rate

0.99

DSCR

$3,150

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $3,285 expenses = $135 out of pocket

Income$3,150Out of Pocket$135Mortgage P&I$1,50948%Property Taxes$1595%Insurance$1053%Management$47215%CapEx$1264%Maintenance$1264%Other$78825%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,669

Downpayment

20%

$57,780

Closing costs

1%

$2,889

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$3,285

Mortgage P&I

48%

$1,509

Property Taxes

5%

$159

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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