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76 Channing Holw, Morganton, GA 30560

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Airbnb investment with a projected -6% first-year return on $102k initial cash invested.

-6%

Cash On Cash

4.93%

Cap Rate

0.82

DSCR

$3,471

Rent

-$509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,471 income − $3,980 expenses = $509 out of pocket

Income$3,471Out of Pocket$509Mortgage P&I$2,00858%Property Taxes$1324%Insurance$1404%HOA$331%Management$52115%CapEx$1394%Maintenance$1394%Other$86825%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,471

Total Expenses

$3,980

Mortgage P&I

58%

$2,008

Property Taxes

4%

$132

Home Insurance

4%

$140

HOA

1%

$33

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$868

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