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2016 Plantation Pointe Drive, Statesboro, GA 30461
3 beds • 3 baths • 2388 sqft
$374,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.01% first-year return on $78,624 initial cash invested.
-10.01%
Cash On Cash
4.27%
Cap Rate
0.71
DSCR
$2,207
Rent
-$656
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,207 income − $2,863 expenses = $656 out of pocket
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,624
Downpayment
20%
$74,880
Closing costs
1%
$3,744
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,207
Total Expenses
$2,863
Mortgage P&I
85%
$1,877
Property Taxes
13%
$277
Home Insurance
6%
$136
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0