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8987 Ferguson Ave, Savannah, GA 31406

2 beds • 2 baths • 646 sqft

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This property might be a fair Airbnb investment with a projected 5.95% first-year return on $66,600 initial cash invested.

5.95%

Cash On Cash

7.91%

Cap Rate

1.37

DSCR

$3,241

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$3,241

Total Expenses

$2,911

Mortgage P&I

39%

$1,254

Property Taxes

0%

$10

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Dreamy Coastal Chic Isle of Hope Bungalow

$3,475

$168

2

1.5

2.1 mi

comfortable in savannah

$3,558

$172

2

1

1.16 mi

Historic Coastal Cottage on Isle of Hope

$4,116

$199

2

1.5

1.55 mi

Coastal Cottage A on the Vernon River

$1,717

$83

2

1

1.76 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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