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$3,094 (target)

296 Magnolia Rd, Midway, GA 31320

3 beds • 2 baths • 2453 sqft

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This property looks like a bad Mid-Term investment with a projected -7.21% first-year return on $103k initial cash invested.

-7.21%

Cash On Cash

5.15%

Cap Rate

0.78

DSCR

$3,094

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,094 income − $3,713 expenses = $619 out of pocket

Income$3,094Out of Pocket$619Mortgage P&I$2,23472%Property Taxes$2809%Insurance$1475%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$405k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,020

Closing costs

1%

$4,051

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,094

Total Expenses

$3,713

Mortgage P&I

72%

$2,234

Property Taxes

9%

$280

Home Insurance

5%

$147

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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