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$3,297 (target)

457 Castleaire Dr, Stone Mountain, GA 30087

3 beds • 3 baths • 1838 sqft

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This property looks like a bad Mid-Term investment with a projected -7.63% first-year return on $115k initial cash invested.

-7.63%

Cash On Cash

4.48%

Cap Rate

0.74

DSCR

$3,297

Rent

-$729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,297 income − $4,026 expenses = $729 out of pocket

Income$3,297Out of Pocket$729Mortgage P&I$2,31670%Property Taxes$42713%Insurance$1615%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,297

Total Expenses

$4,026

Mortgage P&I

70%

$2,316

Property Taxes

13%

$427

Home Insurance

5%

$161

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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