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619 Springfield Dr, Albany, GA 31721

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Long-Term investment with a projected -5.55% first-year return on $50,379 initial cash invested.

-5.55%

Cash On Cash

5.42%

Cap Rate

0.88

DSCR

$1,720

Rent

-$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,953

Mortgage P&I

72%

$1,230

Property Taxes

11%

$192

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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$2,850

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