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$1,662 (target)

2600 Pennsylvania Ave, Waycross, GA 31503

3 beds • 2 baths • 1130 sqft

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This property might be a fair Mid-Term investment with a projected 5.75% first-year return on $46,140 initial cash invested.

5.75%

Cash On Cash

8.99%

Cap Rate

1.4

DSCR

$1,662

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,662 income − $1,441 expenses = $221 cash flow

Income$1,662Mortgage P&I$71743%Property Taxes$1137%Insurance$473%Management$19912%CapEx$664%Vacancy$503%Maintenance$664%Other$18311%Cash Flow$221

Investment Breakdown

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Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,140

Downpayment

20%

$26,800

Closing costs

1%

$1,340

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,662

Total Expenses

$1,441

Mortgage P&I

43%

$717

Property Taxes

7%

$113

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$199

CapEx

4%

$66

Vacancy

3%

$50

Maintenance

4%

$66

Other

11%

$183

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