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$2,120 (target)

2006 Lullwater Rd, Albany, GA 31707

3 beds • 2 baths • 1533 sqft

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This property might be a fair Mid-Term investment with a projected 8.37% first-year return on $49,731 initial cash invested.

8.37%

Cash On Cash

9.91%

Cap Rate

1.53

DSCR

$2,120

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,120 income − $1,773 expenses = $347 cash flow

Income$2,120Mortgage P&I$81638%Property Taxes$1829%Insurance$543%Management$25412%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$347

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,731

Downpayment

20%

$30,220

Closing costs

1%

$1,511

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,120

Total Expenses

$1,773

Mortgage P&I

38%

$816

Property Taxes

9%

$182

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

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