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1569 Groover Rd, Hinesville, GA 31313

3 beds • 2 baths • 2022 sqft

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This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $79,950 initial cash invested.

3.86%

Cash On Cash

7.31%

Cap Rate

1.26

DSCR

$2,870

Rent

$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,870

Total Expenses

$2,613

Mortgage P&I

50%

$1,424

Property Taxes

4%

$110

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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