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$2,664 (target)

3613 Tanner Ln, Waycross, GA 31503

3 beds • 2 baths • 1543 sqft

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This property looks like a bad Mid-Term investment with a projected -1.28% first-year return on $86,523 initial cash invested.

-1.28%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$2,664

Rent

-$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,756 expenses = $92 out of pocket

Income$2,664Out of Pocket$92Mortgage P&I$1,61461%Property Taxes$1205%Insurance$1154%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,756

Mortgage P&I

61%

$1,614

Property Taxes

5%

$120

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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