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$2,818 (target)

2343 Rambling Way, Lithonia, GA 30058

3 beds • 2 baths • 1208 sqft

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This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $70,521 initial cash invested.

2.88%

Cash On Cash

7.84%

Cap Rate

1.21

DSCR

$2,818

Rent

$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,818 income − $2,649 expenses = $169 cash flow

Income$2,818Mortgage P&I$1,35148%Property Taxes$2388%Insurance$883%HOA$13Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$169

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,521

Downpayment

20%

$50,020

Closing costs

1%

$2,501

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,818

Total Expenses

$2,649

Mortgage P&I

48%

$1,351

Property Taxes

8%

$238

Home Insurance

3%

$88

HOA

0%

$13

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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