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$1,679 (target)

474 W Main St, Forsyth, GA 31029

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Long-Term investment with a projected 10.92% first-year return on $32,319 initial cash invested.

10.92%

Cash On Cash

9.46%

Cap Rate

1.45

DSCR

$1,679

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,679 income − $1,385 expenses = $294 cash flow

Income$1,679Mortgage P&I$83550%Property Taxes$523%Insurance$614%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$294

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,319

Downpayment

20%

$30,780

Closing costs

1%

$1,539

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,679

Total Expenses

$1,385

Mortgage P&I

50%

$835

Property Taxes

3%

$52

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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