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2309 Lorraine Dr, Savannah, GA 31404

2 beds • 1 baths • 875 sqft

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This property looks like a bad Long-Term investment with a projected -4.51% first-year return on $47,670 initial cash invested.

-4.51%

Cash On Cash

5.16%

Cap Rate

0.9

DSCR

$1,420

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,670

Downpayment

20%

$45,400

Closing costs

1%

$2,270

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,420

Total Expenses

$1,599

Mortgage P&I

76%

$1,084

Property Taxes

5%

$67

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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