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$1,920 (target)

1563 Bowman Hwy, Elberton, GA 30635

3 beds • 2 baths • 1876 sqft

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This property might be a fair Mid-Term investment with a projected 4.72% first-year return on $51,348 initial cash invested.

4.72%

Cash On Cash

8.43%

Cap Rate

1.33

DSCR

$1,920

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,920 income − $1,718 expenses = $202 cash flow

Income$1,920Mortgage P&I$83644%Property Taxes$1478%Insurance$824%Management$23012%CapEx$774%Vacancy$583%Maintenance$774%Other$21111%Cash Flow$202

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,348

Downpayment

20%

$31,760

Closing costs

1%

$1,588

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,920

Total Expenses

$1,718

Mortgage P&I

44%

$836

Property Taxes

8%

$147

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$211

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