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$3,141 (target)

120 Forest Ave, Elberton, GA 30635

3 beds • 2 baths • 1112 sqft

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This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $86,418 initial cash invested.

3.43%

Cash On Cash

7.61%

Cap Rate

1.22

DSCR

$3,141

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,141 income − $2,894 expenses = $247 cash flow

Income$3,141Mortgage P&I$1,69254%Property Taxes$672%Insurance$662%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$247

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,418

Downpayment

20%

$65,160

Closing costs

1%

$3,258

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$2,894

Mortgage P&I

54%

$1,692

Property Taxes

2%

$67

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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