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88 Preserve Dr, Newnan, GA 30263

3 beds • 3 baths • 1629 sqft

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This property looks like a bad Airbnb investment with a projected -10.27% first-year return on $73,986 initial cash invested.

-10.27%

Cash On Cash

3.54%

Cap Rate

0.58

DSCR

$1,772

Rent

-$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,772 income − $2,405 expenses = $633 out of pocket

Income$1,772Out of Pocket$633Mortgage P&I$1,34976%Property Taxes$1096%Insurance$965%Management$26615%CapEx$714%Maintenance$714%Other$44325%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,986

Downpayment

20%

$53,320

Closing costs

1%

$2,666

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,772

Total Expenses

$2,405

Mortgage P&I

76%

$1,349

Property Taxes

6%

$109

Home Insurance

5%

$96

HOA

0%

$0

Property Management

15%

$266

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$443

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