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$3,417 (target)

2243 Limerick Rd, Midway, GA 31320

3 beds • 2 baths • 1568 sqft

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This property could be a profitable Mid-Term investment with a projected 13.39% first-year return on $66,762 initial cash invested.

13.39%

Cash On Cash

11.11%

Cap Rate

1.7

DSCR

$3,417

Rent

$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,417 income − $2,672 expenses = $745 cash flow

Income$3,417Mortgage P&I$1,26737%Property Taxes$1605%Insurance$822%Management$41012%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37611%Cash Flow$745

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,762

Downpayment

20%

$46,440

Closing costs

1%

$2,322

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,417

Total Expenses

$2,672

Mortgage P&I

37%

$1,267

Property Taxes

5%

$160

Home Insurance

2%

$82

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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