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$2,094 (target)

120 Forest Ave, Elberton, GA 30635

3 beds • 2 baths • 1112 sqft

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This property looks like a bad Long-Term investment with a projected -4.84% first-year return on $68,418 initial cash invested.

-4.84%

Cash On Cash

5.6%

Cap Rate

0.9

DSCR

$2,094

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,094 income − $2,370 expenses = $276 out of pocket

Income$2,094Out of Pocket$276Mortgage P&I$1,69281%Property Taxes$673%Insurance$663%Management$20910%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,418

Downpayment

20%

$65,160

Closing costs

1%

$3,258

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,094

Total Expenses

$2,370

Mortgage P&I

81%

$1,692

Property Taxes

3%

$67

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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