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$2,858 (target)

3050 Highland Park Ln, Lithonia, GA 30038

3 beds • 3 baths • 1899 sqft

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This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $69,303 initial cash invested.

6.58%

Cash On Cash

9.01%

Cap Rate

1.37

DSCR

$2,858

Rent

$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,858 income − $2,478 expenses = $380 cash flow

Income$2,858Mortgage P&I$1,34047%Property Taxes$813%Insurance$863%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$380

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,303

Downpayment

20%

$48,860

Closing costs

1%

$2,443

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,858

Total Expenses

$2,478

Mortgage P&I

47%

$1,340

Property Taxes

3%

$81

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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