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$3,658 (target)

3619 Lake Dr SE, Smyrna, GA 30082

3 beds • 2 baths • 2077 sqft

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This property looks like a bad Mid-Term investment with a projected -10.13% first-year return on $146k initial cash invested.

-10.13%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$3,658

Rent

-$1,228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,658 income − $4,886 expenses = $1,228 out of pocket

Income$3,658Out of Pocket$1,228Mortgage P&I$3,04883%Property Taxes$37810%Insurance$2176%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

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Purchase Price

$607k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$121k

Closing costs

1%

$6,073

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,658

Total Expenses

$4,886

Mortgage P&I

83%

$3,048

Property Taxes

10%

$378

Home Insurance

6%

$217

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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