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$2,733 (target)

4608 Latchwood Dr, Lithonia, GA 30038

3 beds • 2 baths • 1527 sqft

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This property could be a profitable Mid-Term investment with a projected 13.66% first-year return on $57,900 initial cash invested.

13.66%

Cash On Cash

11.36%

Cap Rate

1.74

DSCR

$2,733

Rent

$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,733 income − $2,074 expenses = $659 cash flow

Income$2,733Mortgage P&I$1,03138%Property Taxes$462%Insurance$682%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%Cash Flow$659

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,733

Total Expenses

$2,074

Mortgage P&I

38%

$1,031

Property Taxes

2%

$46

Home Insurance

2%

$68

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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