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$2,638 (target)

515 Myrtle Ln, Hinesville, GA 31313

3 beds • 2 baths • 1756 sqft

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This property might be a fair Mid-Term investment with a projected 6.51% first-year return on $59,328 initial cash invested.

6.51%

Cash On Cash

9.38%

Cap Rate

1.39

DSCR

$2,638

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,638 income − $2,316 expenses = $322 cash flow

Income$2,638Mortgage P&I$1,11042%Property Taxes$2389%Insurance$703%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%Cash Flow$322

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,328

Downpayment

20%

$39,360

Closing costs

1%

$1,968

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,638

Total Expenses

$2,316

Mortgage P&I

42%

$1,110

Property Taxes

9%

$238

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

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