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1809 DeLesseps Avenue, Savannah, GA 31404

3 beds • 2 baths • 1118 sqft

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This property looks like a bad Long-Term investment with a projected -4.73% first-year return on $55,356 initial cash invested.

-4.73%

Cash On Cash

5.24%

Cap Rate

0.91

DSCR

$1,950

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,356

Downpayment

20%

$52,720

Closing costs

1%

$2,636

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,168

Mortgage P&I

65%

$1,271

Property Taxes

15%

$298

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

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3

2

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0.5 mi

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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