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$7,220 (target)

1968 McLendon Ave NE, Atlanta, GA 30307

3 beds • 3 baths • 1984 sqft

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This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $176k initial cash invested.

0.79%

Cash On Cash

6.66%

Cap Rate

1.11

DSCR

$7,220

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,220 income − $7,104 expenses = $116 cash flow

Income$7,220Mortgage P&I$3,75552%Property Taxes$6329%Insurance$2624%Management$86612%CapEx$2894%Vacancy$2173%Maintenance$2894%Other$79411%Cash Flow$116

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,220

Total Expenses

$7,104

Mortgage P&I

52%

$3,755

Property Taxes

9%

$632

Home Insurance

4%

$262

HOA

0%

$0

Property Management

12%

$866

CapEx

4%

$289

Vacancy

3%

$217

Maintenance

4%

$289

Other

11%

$794

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