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1705 Myrtle Rd, Albany, GA 31707

3 beds • 2 baths • 1876 sqft

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This property might be a fair Long-Term investment with a projected 3.06% first-year return on $27,825 initial cash invested.

3.06%

Cash On Cash

7.72%

Cap Rate

1.2

DSCR

$1,400

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,400 income − $1,329 expenses = $71 cash flow

Income$1,400Mortgage P&I$71151%Property Taxes$20815%Insurance$463%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$71

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,825

Downpayment

20%

$26,500

Closing costs

1%

$1,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,400

Total Expenses

$1,329

Mortgage P&I

51%

$711

Property Taxes

15%

$208

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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