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Long-Term Rental Analysis
2114 New Mexico St, Savannah, GA 31404
$234,9003 beds • 1 baths • 1178 sqft

This property looks like a bad Long-Term investment with a projected -4.6% first-year return on $49,329 initial cash invested.

Cash On Cash
-4.6%
Cap Rate
5.85%
Rent
$1,700
Signal: Med.
Cashflow
-$189
Financing

Purchase Price  $235k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $49,329
Downpayment  $46,980
Closing costs  $2,349
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,700
Total Expenses  $1,889
Mortgage P&I  $1,250
Property Taxes  $115
Home Insurance  $82
PManagement  $170
CapEx  $85
Vacancy  $102
Maintenance  $85
Other  $0
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