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$3,639 (target)

23 W Ridge Dr SE, Cartersville, GA 30121

3 beds • 3 baths • 2203 sqft

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This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $95,637 initial cash invested.

1.93%

Cash On Cash

6.98%

Cap Rate

1.16

DSCR

$3,639

Rent

$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,639 income − $3,485 expenses = $154 cash flow

Income$3,639Mortgage P&I$1,85051%Property Taxes$2667%Insurance$1314%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$154

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,637

Downpayment

20%

$73,940

Closing costs

1%

$3,697

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,639

Total Expenses

$3,485

Mortgage P&I

51%

$1,850

Property Taxes

7%

$266

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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