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$3,092 (target)

362 Southgate Dr, Locust Grove, GA 30248

3 beds • 2 baths • 1883 sqft

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This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $80,013 initial cash invested.

0.06%

Cash On Cash

6.44%

Cap Rate

1.09

DSCR

$3,092

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,092 income − $3,088 expenses = $4 cash flow

Income$3,092Mortgage P&I$1,45647%Property Taxes$37012%Insurance$1053%HOA$1053%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%Cash Flow$4

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,013

Downpayment

20%

$59,060

Closing costs

1%

$2,953

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,092

Total Expenses

$3,088

Mortgage P&I

47%

$1,456

Property Taxes

12%

$370

Home Insurance

3%

$105

HOA

3%

$105

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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