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$1,982 (target)

402 Morningside Dr, Sylvester, GA 31791

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $57,942 initial cash invested.

1.01%

Cash On Cash

7.26%

Cap Rate

1.13

DSCR

$1,982

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,982 income − $1,933 expenses = $49 cash flow

Income$1,982Mortgage P&I$1,02252%Property Taxes$1729%Insurance$663%Management$23812%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%Cash Flow$49

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,942

Downpayment

20%

$38,040

Closing costs

1%

$1,902

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,982

Total Expenses

$1,933

Mortgage P&I

52%

$1,022

Property Taxes

9%

$172

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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