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$3,981 (target)

2238 Springwood Dr, Decatur, GA 30033

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Mid-Term investment with a projected -6.98% first-year return on $150k initial cash invested.

-6.98%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$3,981

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,981 income − $4,855 expenses = $874 out of pocket

Income$3,981Out of Pocket$874Mortgage P&I$3,14679%Property Taxes$1273%Insurance$2296%Management$47812%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,296

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,981

Total Expenses

$4,855

Mortgage P&I

79%

$3,146

Property Taxes

3%

$127

Home Insurance

6%

$229

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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