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309 Virginia Ave, Albany, GA 31705

3 beds • 2 baths • 3200 sqft

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This property could be a profitable Long-Term investment with a projected 26.06% first-year return on $15,750 initial cash invested.

26.06%

Cash On Cash

12.43%

Cap Rate

2.04

DSCR

$1,090

Rent

$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,090 income − $748 expenses = $342 cash flow

Income$1,090Mortgage P&I$38135%Property Taxes$595%Insurance$262%Management$10910%CapEx$545%Vacancy$656%Maintenance$545%Cash Flow$342

Investment Breakdown

|

Purchase Price

$75,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$15,750

Downpayment

20%

$15,000

Closing costs

1%

$750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,090

Total Expenses

$748

Mortgage P&I

35%

$381

Property Taxes

5%

$59

Home Insurance

2%

$26

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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