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$2,724 (target)

15 Boynton Ter, Ringgold, GA 30736

3 beds • 2 baths • 1413 sqft

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This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $73,608 initial cash invested.

3.54%

Cash On Cash

7.48%

Cap Rate

1.25

DSCR

$2,724

Rent

$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,724 income − $2,507 expenses = $217 cash flow

Income$2,724Mortgage P&I$1,32549%Property Taxes$1616%Insurance$943%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$217

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,608

Downpayment

20%

$52,960

Closing costs

1%

$2,648

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,724

Total Expenses

$2,507

Mortgage P&I

49%

$1,325

Property Taxes

6%

$161

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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