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2430 Norwood Avenue, Savannah, GA 31406

4 beds • 3 baths • 2027 sqft

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This property looks like a bad Long-Term investment with a projected -16.16% first-year return on $129k initial cash invested.

-16.16%

Cash On Cash

2.66%

Cap Rate

0.46

DSCR

$2,620

Rent

-$1,731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$122k

Closing costs

1%

$6,120

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,620

Total Expenses

$4,351

Mortgage P&I

113%

$2,959

Property Taxes

16%

$429

Home Insurance

8%

$219

HOA

2%

$63

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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