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$2,688 (target)

207 Cleland Avenue, Savannah, GA 31415

3 beds • 2 baths • 1118 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $80,979 initial cash invested.

-1.94%

Cash On Cash

6.27%

Cap Rate

0.99

DSCR

$2,688

Rent

-$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $2,819 expenses = $131 out of pocket

Income$2,688Out of Pocket$131Mortgage P&I$1,59059%Property Taxes$2088%Insurance$1054%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$2,819

Mortgage P&I

59%

$1,590

Property Taxes

8%

$208

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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