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$1,920 (target)

1602 Gail Ave, Albany, GA 31707

3 beds • 2 baths • 1422 sqft

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This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $51,642 initial cash invested.

5.88%

Cash On Cash

8.7%

Cap Rate

1.4

DSCR

$1,920

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,920 income − $1,667 expenses = $253 cash flow

Income$1,920Mortgage P&I$83243%Property Taxes$1257%Insurance$573%Management$23012%CapEx$774%Vacancy$583%Maintenance$774%Other$21111%Cash Flow$253

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,642

Downpayment

20%

$32,040

Closing costs

1%

$1,602

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,920

Total Expenses

$1,667

Mortgage P&I

43%

$832

Property Taxes

7%

$125

Home Insurance

3%

$57

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$211

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