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$2,973 (target)

618 Boynton Dr, Ringgold, GA 30736

3 beds • 3 baths • 1644 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $74,595 initial cash invested.

5.49%

Cash On Cash

8.13%

Cap Rate

1.34

DSCR

$2,973

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,973 income − $2,632 expenses = $341 cash flow

Income$2,973Mortgage P&I$1,36646%Property Taxes$1595%Insurance$963%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$341

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,973

Total Expenses

$2,632

Mortgage P&I

46%

$1,366

Property Taxes

5%

$159

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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