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$3,777 (target)

23 Glen Cannon Trl, Newnan, GA 30265

3 beds • 3 baths • 2252 sqft

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This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $90,849 initial cash invested.

4.76%

Cash On Cash

7.85%

Cap Rate

1.29

DSCR

$3,777

Rent

$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,777 income − $3,417 expenses = $360 cash flow

Income$3,777Mortgage P&I$1,75947%Property Taxes$2497%Insurance$1263%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$360

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,849

Downpayment

20%

$69,380

Closing costs

1%

$3,469

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,777

Total Expenses

$3,417

Mortgage P&I

47%

$1,759

Property Taxes

7%

$249

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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