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2511 Florida Avenue, Savannah, GA 31404

3 beds • 2 baths • 882 sqft

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This property might be a fair Long-Term investment with a projected 6.26% first-year return on $45,990 initial cash invested.

6.26%

Cash On Cash

7.75%

Cap Rate

1.31

DSCR

$1,960

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,960

Total Expenses

$1,720

Mortgage P&I

55%

$1,077

Property Taxes

3%

$56

Home Insurance

4%

$77

PManagement

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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