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121 Green Morgan School Road, Springfield, GA 31329
3 beds • 2 baths • 1695 sqft
$324,400
View on ZillowThis property looks like a bad Mid-Term investment with a projected -1.18% first-year return on $86,124 initial cash invested.
-1.18%
Cash On Cash
6.1%
Cap Rate
1.02
DSCR
$2,748
Rent
-$85
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,748 income − $2,833 expenses = $85 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,124
Downpayment
20%
$64,880
Closing costs
1%
$3,244
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,748
Total Expenses
$2,833
Mortgage P&I
59%
$1,623
Property Taxes
6%
$161
Home Insurance
4%
$115
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302