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503 Hancock Dr SE, Atlanta, GA 30354

3 beds • 3 baths • 2380 sqft

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This property looks like a bad Long-Term investment with a projected -13.79% first-year return on $92,316 initial cash invested.

-13.79%

Cash On Cash

3.48%

Cap Rate

0.58

DSCR

$2,390

Rent

-$1,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,316

Downpayment

20%

$87,920

Closing costs

1%

$4,396

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,390

Total Expenses

$3,451

Mortgage P&I

93%

$2,216

Property Taxes

26%

$612

Home Insurance

0%

$1

PManagement

10%

$239

CapEx

5%

$120

Vacancy

6%

$143

Maintenance

5%

$120

Other

0%

$0

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