2037 Hampton Locust Grove Rd, Locust Grove, GA 30248
3 beds • 3 baths • 2031 sqft
$274,500
View on ZillowThis property might be a fair Mid-Term investment with a projected 2.63% first-year return on $75,645 initial cash invested.
2.63%
Cash On Cash
7.7%
Cap Rate
1.2
DSCR
$3,238
Rent
$166
Cashflow
Cash Flow
$3,238 income − $3,072 expenses = $166 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,645
Downpayment
20%
$54,900
Closing costs
1%
$2,745
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,238
Total Expenses
$3,072
Mortgage P&I
45%
$1,466
Property Taxes
13%
$406
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356