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$2,283 (target)

203 N Clay St, Quitman, GA 31643

3 beds • 2 baths • 3154 sqft

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This property could be a profitable Mid-Term investment with a projected 26.54% first-year return on $40,281 initial cash invested.

26.54%

Cash On Cash

16.9%

Cap Rate

2.92

DSCR

$2,283

Rent

$891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,283 income − $1,392 expenses = $891 cash flow

Income$2,283Mortgage P&I$51222%Property Taxes$11Insurance$944%Management$27412%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$891

Investment Breakdown

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Purchase Price

$106k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,281

Downpayment

20%

$21,220

Closing costs

1%

$1,061

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,283

Total Expenses

$1,392

Mortgage P&I

22%

$512

Property Taxes

0%

$11

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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