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$3,446 (target)

3750 Old Cleveland Rd, Cornelia, GA 30531

3 beds • 2 baths • 2594 sqft

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This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $82,386 initial cash invested.

6.19%

Cash On Cash

8.61%

Cap Rate

1.34

DSCR

$3,446

Rent

$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,446 income − $3,021 expenses = $425 cash flow

Income$3,446Mortgage P&I$1,63647%Property Taxes$1294%Insurance$842%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$425

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,386

Downpayment

20%

$61,320

Closing costs

1%

$3,066

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,446

Total Expenses

$3,021

Mortgage P&I

47%

$1,636

Property Taxes

4%

$129

Home Insurance

2%

$84

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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