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$2,340 (target)

2237 Formosa Cir, Brunswick, GA 31520

3 beds • 2 baths • 1247 sqft

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This property could be a profitable Mid-Term investment with a projected 21.38% first-year return on $43,158 initial cash invested.

21.38%

Cash On Cash

15.45%

Cap Rate

2.27

DSCR

$2,340

Rent

$769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,340 income − $1,571 expenses = $769 cash flow

Income$2,340Mortgage P&I$67929%Property Taxes$562%Insurance$402%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25711%Cash Flow$769

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,158

Downpayment

20%

$23,960

Closing costs

1%

$1,198

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,340

Total Expenses

$1,571

Mortgage P&I

29%

$679

Property Taxes

2%

$56

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$257

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