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$2,396 (target)

2502 Old Alabama Rd, Thomaston, GA 30286

3 beds • 2 baths • 1459 sqft

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This property might be a fair Mid-Term investment with a projected 3.28% first-year return on $64,431 initial cash invested.

3.28%

Cash On Cash

7.89%

Cap Rate

1.23

DSCR

$2,396

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,396 income − $2,220 expenses = $176 cash flow

Income$2,396Mortgage P&I$1,18249%Property Taxes$1526%Insurance$703%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$176

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,431

Downpayment

20%

$44,220

Closing costs

1%

$2,211

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,396

Total Expenses

$2,220

Mortgage P&I

49%

$1,182

Property Taxes

6%

$152

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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