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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 Long-Term investment with a projected -11.58% first-year return on $81,123 initial cash invested.

-11.58%

Cash On Cash

3.72%

Cap Rate

0.64

DSCR

$2,142

Rent

-$783

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

$81,123

Downpayment

20%

$77,260

Closing costs

1%

$3,863

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,142

Total Expenses

$2,925

Mortgage P&I

87%

$1,873

Property Taxes

13%

$272

Home Insurance

6%

$138

HOA

4%

$85

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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