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1 The Promenade, Newnan, GA 30265

3 beds • 3 baths • 1956 sqft

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This property looks like a bad Mid-Term investment with a projected -3% first-year return on $99,123 initial cash invested.

-3%

Cash On Cash

5.45%

Cap Rate

0.94

DSCR

$3,213

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,123

Downpayment

20%

$77,260

Closing costs

1%

$3,863

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$3,461

Mortgage P&I

58%

$1,873

Property Taxes

8%

$272

Home Insurance

4%

$138

HOA

3%

$85

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$353

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