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2114 New Mexico St, Savannah, GA 31404

3 beds • 1 baths • 1178 sqft

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This property looks like a bad Long-Term investment with a projected -2.29% first-year return on $49,329 initial cash invested.

-2.29%

Cash On Cash

6.38%

Cap Rate

1

DSCR

$1,830

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$1,924

Mortgage P&I

68%

$1,250

Property Taxes

6%

$115

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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