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$2,922 (target)

1777 Hickory St SE, Conyers, GA 30013

3 beds • 2 baths • 2058 sqft

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This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $67,350 initial cash invested.

4.17%

Cash On Cash

8.1%

Cap Rate

1.28

DSCR

$2,922

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,922 income − $2,688 expenses = $234 cash flow

Income$2,922Mortgage P&I$1,23642%Property Taxes$37613%Insurance$823%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$234

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,922

Total Expenses

$2,688

Mortgage P&I

42%

$1,236

Property Taxes

13%

$376

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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